SPDR SAMPP Total Risk Alpha

ROKT Etf  USD 102.06  -0.75  -0.73%   
Technical inputs supporting the Total Risk Alpha indicator for SPDR SAMPP Kensho are shown here. Values are derived from historical price and volume observations. Use Your Equity Center to explore diversified allocation structure. Understanding allocation structure supports portfolio context. Monitoring SPDR SAMPP Kensho within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence SPDR SAMPP Kensho's etf valuation — related indicators include signals in industry.
SPDR SAMPP Kensho has current Total Risk Alpha of 0.5556. 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]

 = 
0.5556
ER[a] = Expected return on investing in SPDR SAMPP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SPDR 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

SPDR SAMPP Kensho earns the top ranking in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 16.39 of Maximum Drawdown per Total Risk Alpha. For SPDR SAMPP Kensho, Maximum Drawdown stands at 16.39 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare SPDR SAMPP to Peers

Other Technical Indicators