Global X Total Risk Alpha
| QQCL Etf | | | 23.46 -0.56 -2.33% |
This technical indicator view for Total Risk Alpha organizes signals for Global X Enhanced and comparable instruments. Data availability can vary by region and feed;
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signals in inflation.
Global X Enhanced has current Total Risk Alpha of
-0.07. 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] |
| = | -0.07 | |
| ER[a] | = | Expected return on investing in Global X |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Global X |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Global X Total Risk Alpha Peers Comparison
Global Total Risk Alpha Relative To Other Indicators
Global X Enhanced is rated
below average. in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as 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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