Cambria Global Total Risk Alpha
| GVAL Etf | | | USD 32.37 -0.39 -1.19% |
Cambria Global total risk alpha lookup summarizes this and related technical indicators for Cambria Global Value. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Risk vs Return Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Cambria Global Value within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Cambria Global Value has current Total Risk Alpha of 0.1316. 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] |
| = | 0.1316 | |
| ER[a] | = | Expected return on investing in Cambria Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Cambria Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Cambria Global Total Risk Alpha Peers Comparison
Cambria Total Risk Alpha Relative To Other Indicators
Cambria Global Value carries a
third ranking for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
39.88 per Total Risk Alpha. Cambria Global Value's Maximum Drawdown registers at
39.88 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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