CI WisdomTree Total Risk Alpha

JAPN Etf  CAD 69.99  0.33  0.47%   
This technical indicator view for Total Risk Alpha organizes signals for CI WisdomTree Japan and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Risk vs Return Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in CI WisdomTree Japan inside the allocation mix. 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.
  
CI WisdomTree Japan has current Total Risk Alpha of 0.1775. 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]

 = 
0.1775
ER[a] = Expected return on investing in CI WisdomTree
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on CI WisdomTree
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

CI WisdomTree Total Risk Alpha Peers Comparison

JAPN Total Risk Alpha Relative To Other Indicators

CI WisdomTree Japan is currently recognized as the top-ranked etf in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 39.59 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CI WisdomTree Japan is roughly 39.59
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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