Accelerate Absolute Total Risk Alpha
| HDGE Etf | | | CAD 27.26 -0.06 -0.22% |
The Total Risk Alpha indicator for Accelerate Absolute Return is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners. Review
Risk vs Return Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. A position in Accelerate Absolute Return appears within the mix. The relative size of each holding follows the allocation framework. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Accelerate Absolute Return has current Total Risk Alpha of 0.1009. 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] |
| = | 0.1009 | |
| ER[a] | = | Expected return on investing in Accelerate Absolute |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Accelerate Absolute |
| 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
Accelerate Absolute Return is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
54.06 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Accelerate Absolute Return sits at
54.06 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Accelerate Absolute to Peers
Other Technical Indicators