Invesco International Total Risk Alpha

IMFL Etf  USD 31.55  0.43  1.38%   
The Total Risk Alpha signal for Invesco International Developed reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Use Risk vs Return Analysis to explore diversified allocation structure. The construction of a diversified portfolio involves managing position exposure. Adding Invesco International Developed to a portfolio enables side-by-side comparison with other holdings. All values are presented as reference data. Broader economic conditions can influence Invesco International Developed's etf valuation — related indicators include signals in price.
Invesco International Developed has current Total Risk Alpha of 0.2008. 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]

 = 
0.2008
ER[a] = Expected return on investing in Invesco International
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Invesco International
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

Invesco International Developed carries a second ranking for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost 29.53 per Total Risk Alpha. Invesco International Developed's Maximum Drawdown registers at 29.53 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Invesco International to Peers

Other Technical Indicators