Invesco Dynamic Total Risk Alpha
| PXE Etf | | | USD 35.56 1.23 3.58% |
Invesco Dynamic total risk alpha lookup summarizes this and related technical indicators for Invesco Dynamic Energy. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Invesco Dynamic has market cap of 65.94 M, P/E of 21.89, ROE of 1.67%. Use
Your Equity Center to explore allocation context. This includes a position in Invesco Dynamic Energy within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Invesco Dynamic Energy has current Total Risk Alpha of 0.2122. 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] |
| = | 0.2122 | |
| ER[a] | = | Expected return on investing in Invesco Dynamic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco Dynamic |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Invesco Dynamic Total Risk Alpha Peers Comparison
Invesco Total Risk Alpha Relative To Other Indicators
Invesco Dynamic Energy maintains a
third in Total Risk Alpha in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
31.23 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Invesco Dynamic Energy is roughly
31.23 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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