IShares Trust Total Risk Alpha

IBCA Etf  USD 25.39  -0.31  -1.21%   
Observed values used in the Total Risk Alpha indicator for iShares Trust are included in this dataset. The information is based on observed market data across timeframes. Data coverage may vary across sources and reporting intervals. IShares Trust has a market cap of 164.6 M, operating margin of 67.0%. For allocation context, review Risk vs Return Analysis. Portfolio positioning is summarized for reference. The allocation shows a weighting toward iShares Trust. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued.
For more information on how to buy IShares Etf please use our How to Buy IShares Etf guide.
iShares Trust has current Total Risk Alpha of 0.0154. 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]

 = 
0.0154
ER[a] = Expected return on investing in IShares Trust
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares Trust
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

iShares Trust is rated below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about 83.22 of Maximum Drawdown per Total Risk Alpha. At 83.22 , iShares Trust's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares Trust to Peers

Other Technical Indicators