Innovator SAMPP Total Risk Alpha

PJUL Etf  USD 46.14  -0.05  -0.11%   
The Total Risk Alpha profile for Innovator SAMPP 500 is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. The Equity Screeners framework provides wider technical analysis context. For portfolio construction context, review Your Equity Center. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. The dataset is presented as structured reference material for independent review. A position in Innovator SAMPP 500 is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
Innovator SAMPP 500 has current Total Risk Alpha of 0.0227. 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]

 = 
0.0227
ER[a] = Expected return on investing in Innovator SAMPP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Innovator SAMPP
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

Innovator SAMPP 500 is rated below average for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost 71.92 per Total Risk Alpha. Innovator SAMPP 500's Maximum Drawdown registers at 71.92 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Innovator SAMPP to Peers

Other Technical Indicators