John Hancock Total Risk Alpha
| HEQ Etf | | | USD 10.84 -0.03 -0.28% |
Reference data associated with the Total Risk Alpha technical indicator for John Hancock Hedged. Indicator inputs depend on available historical price observations.
John Hancock Hedged has current Total Risk Alpha of 0.0631. 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] |
| = | 0.0631 | |
| ER[a] | = | Expected return on investing in John Hancock |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on John Hancock |
| 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
John Hancock Hedged is ranked
fourth for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
49.69 against Total Risk Alpha. Maximum Drawdown runs about
49.69 times Total Risk Alpha for John Hancock Hedged
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare John Hancock to Peers
Other Technical Indicators