WisdomTree 9060 Total Risk Alpha
| NTSX Etf | | | USD 53.14 -0.14 -0.26% |
The Total Risk Alpha lookup presents technical context for WisdomTree 9060 Balanced and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Review
Correlation Analysis to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in WisdomTree 9060 Balanced in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
WisdomTree 9060 Balanced has current Total Risk Alpha of
-0.01. 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] |
| = | -0.01 | |
| ER[a] | = | Expected return on investing in WisdomTree 9060 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on WisdomTree 9060 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
WisdomTree 9060 Total Risk Alpha Peers Comparison
WisdomTree Total Risk Alpha Relative To Other Indicators
WisdomTree 9060 Balanced is rated
below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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