FT Cboe Total Risk Alpha
| GNOV Etf | | | 39.05 0.00 0.00% |
The Total Risk Alpha reading for FT Cboe Vest is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Review
Risk vs Return Analysis for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. Including FT Cboe Vest in a portfolio enables allocation and risk analysis. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence FT Cboe Vest's etf valuation — related indicators include
signals in metropolitan statistical area.
FT Cboe Vest has current Total Risk Alpha of 0.0116. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0116 | |
| ER[a] | = | Expected return on investing in FT Cboe |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FT Cboe |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
FT Cboe Vest is rated
below average for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
175.09 ratio of Maximum Drawdown to Total Risk Alpha. FT Cboe Vest's Maximum Drawdown exceeds Total Risk Alpha by a factor of
175.09 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare FT Cboe to Peers
Other Technical Indicators