RBC Quant Total Risk Alpha
| RPD Etf | | | CAD 35.31 -0.22 -0.62% |
The Total Risk Alpha lookup presents technical context for RBC Quant European and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access.
Your Equity Center provides context for diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This includes a position in RBC Quant European 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 metropolitan statistical area.
RBC Quant European has current Total Risk Alpha of 0.1293. 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] |
| = | 0.1293 | |
| 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 European lands at
#4 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
33.86 in Maximum Drawdown for each unit of Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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