IShares Dow Total Risk Alpha

IGSG Etf  EUR 74.04  -1.07  -1.42%   
Technical inputs supporting the Total Risk Alpha indicator for iShares Dow Jones are shown here. Values are derived from historical price and volume observations. Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. A position in iShares Dow Jones is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
iShares Dow Jones has current Total Risk Alpha of 0.047. 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]

 = 
0.047
ER[a] = Expected return on investing in IShares Dow
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares Dow
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 Dow Jones is rated below average in total risk alpha across the ETF category. It is rated below average in maximum drawdown across the ETF category yielding 71.01 of Maximum Drawdown per Total Risk Alpha. For iShares Dow Jones, Maximum Drawdown stands at 71.01 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares Dow to Peers

Other Technical Indicators