Invesco MSCI Total Risk Alpha

MXWO Etf  USD 138.10  -1.28  -0.92%   
This dataset for Invesco MSCI World reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Diversification context is available through Correlation Analysis. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. The holding in Invesco MSCI World represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. 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.
Invesco MSCI World has current Total Risk Alpha of 0.0651. 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]

 = 
0.0651
ER[a] = Expected return on investing in Invesco MSCI
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Invesco MSCI
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 MSCI World falls in the fifth position for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a 70.80 ratio of Maximum Drawdown to Total Risk Alpha. Invesco MSCI World's Maximum Drawdown exceeds Total Risk Alpha by a factor of 70.80
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Invesco MSCI to Peers

Other Technical Indicators