Global X Total Risk Alpha
| HSH Etf | | | CAD 80.86 -0.67 -0.82% |
Observed values used to calculate the Total Risk Alpha technical indicator for Global X SAMPP. Technical inputs may vary across markets and data providers.
Global X SAMPP has current Total Risk Alpha of 0.0505. 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] |
| = | 0.0505 | |
| ER[a] | = | Expected return on investing in Global X |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Global X |
| 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
Global X SAMPP is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
64.87 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Global X SAMPP sits at
64.87 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Global X to Peers
Other Technical Indicators