JPMorgan Emerging Total Risk Alpha
| JEMA Etf | | | USD 52.59 1.47 2.88% |
The Total Risk Alpha reading for JPMorgan Emerging Markets is computed from historical trading observations. Broader indicator relationships are reflected within
Equity Screeners. Review
Risk vs Return Analysis for context on portfolio diversification. Portfolio-level transparency adds depth to allocation analysis. The holding in JPMorgan Emerging Markets represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in state.
JPMorgan Emerging Markets has current Total Risk Alpha of 0.2734. 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] |
| = | 0.2734 | |
| ER[a] | = | Expected return on investing in JPMorgan Emerging |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on JPMorgan Emerging |
| 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
JPMorgan Emerging Markets is rated
third in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
29.01 of Maximum Drawdown per Total Risk Alpha. At
29.01 , JPMorgan Emerging Markets'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 JPMorgan Emerging to Peers
Other Technical Indicators