BetaPro SAMPP Total Risk Alpha
Observed values used in the Total Risk Alpha indicator for BetaPro SAMPP 500 are included in this dataset. The underlying data comes from exchange-reported trading records.
Review
Risk vs Return Analysis for context on portfolio diversification. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
BetaPro SAMPP 500 has current Total Risk Alpha of 0. 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 | |
| ER[a] | = | Expected return on investing in BetaPro SAMPP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BetaPro SAMPP |
| 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
BetaPro SAMPP 500 lands at
#3 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.