IQ Large Total Risk Alpha

LRND Etf  USD 39.49  0.57  1.46%   
This technical indicator view for Total Risk Alpha organizes signals for IQ Large Cap and comparable instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Review Correlation Analysis to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in IQ Large Cap within the portfolio 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.
IQ Large Cap has current Total Risk Alpha of -0.08. 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]

 = 
-0.08
ER[a] = Expected return on investing in IQ Large
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IQ Large
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

IQ Large Total Risk Alpha Peers Comparison

LRND Total Risk Alpha Relative To Other Indicators

IQ Large Cap is rated below average. in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IQ Large to Peers

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