RBC Quant Total Risk Alpha

RIDH Etf  CAD 38.44  -0.11  -0.29%   
This technical indicator view for Total Risk Alpha organizes signals for RBC Quant EAFE and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Your Equity Center to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in RBC Quant EAFE inside the allocation 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 inflation.
  
RBC Quant EAFE has current Total Risk Alpha of 0.1235. 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]

 = 
0.1235
ER[a] = Expected return on investing in RBC Quant
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on RBC Quant
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

RBC Quant Total Risk Alpha Peers Comparison

RBC Total Risk Alpha Relative To Other Indicators

RBC Quant EAFE is regarded as the highest-ranked etf in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 28.18 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for RBC Quant EAFE is roughly 28.18
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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