Invesco WilderHill Total Risk Alpha
| PBW Etf | | | USD 31.62 0.76 2.46% |
The Total Risk Alpha profile for Invesco WilderHill Clean is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Invesco WilderHill has a market cap of 269.73 M, ROE of 2.04%. Use
Your Equity Center to explore allocation context. This suggests a position in Invesco WilderHill Clean. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Invesco WilderHill Clean has current Total Risk Alpha of 0.3364. 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] |
| = | 0.3364 | |
| ER[a] | = | Expected return on investing in Invesco WilderHill |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco WilderHill |
| 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 WilderHill Clean falls in the
second position for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
35.10 ratio of Maximum Drawdown to Total Risk Alpha. Invesco WilderHill Clean's Maximum Drawdown exceeds Total Risk Alpha by a factor of
35.10 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Invesco WilderHill to Peers
Other Technical Indicators