Hashdex Nasdaq Total Risk Alpha
| NCIQ Etf | | | 17.91 0.29 1.65% |
This module presents the Total Risk Alpha indicator for Hashdex Nasdaq Crypto using available market inputs. The indicator computation uses normalized market activity data. Review
Correlation Analysis to understand diversified portfolio construction. The dataset reflects available inputs without directional implication. Including Hashdex Nasdaq Crypto in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Hashdex Nasdaq Crypto's etf valuation — related indicators include
signals in gross domestic product.
Hashdex Nasdaq Crypto has current Total Risk Alpha of 0.0178. 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] |
| = | 0.0178 | |
| ER[a] | = | Expected return on investing in Hashdex Nasdaq |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hashdex Nasdaq |
| 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
Hashdex Nasdaq Crypto is rated
below average for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
1,108 against Total Risk Alpha. Maximum Drawdown runs about
1,108 times Total Risk Alpha for Hashdex Nasdaq Crypto
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Hashdex Nasdaq to Peers
Other Technical Indicators