IShares Europe Total Risk Alpha
| IEV Etf | | | USD 65.20 -2.09 -3.11% |
This module presents the Total Risk Alpha indicator for iShares Europe ETF using available market inputs. The underlying data comes from exchange-reported trading records. IShares Europe has a market cap of 1.85 B. Use
Risk vs Return Analysis to view allocation positioning. Current allocation data is available for review. The summary draws on available position and value data. A position in iShares Europe ETF appears within the mix. The position is captured in the allocation summary. 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 unemployment.
iShares Europe ETF has current Total Risk Alpha of 0.0623. 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] |
| = | 0.0623 | |
| ER[a] | = | Expected return on investing in IShares Europe |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IShares Europe |
| 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 Europe ETF is rated
below average for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
83.23 ratio of Maximum Drawdown to Total Risk Alpha. iShares Europe ETF's Maximum Drawdown exceeds Total Risk Alpha by a factor of
83.23 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IShares Europe to Peers
Other Technical Indicators