Invesco SAMPP Total Risk Alpha

RZV Etf  USD 119.55  -1.84  -1.52%   
Observed values used in the Total Risk Alpha indicator for Invesco SAMPP SmallCap are included in this dataset. The underlying data comes from exchange-reported trading records. Use Your Equity Center to better understand diversified portfolio construction. The diversification view provides additional analytical depth. This includes a position in Invesco SAMPP SmallCap. Portfolio construction methods define how positions are sized. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
Invesco SAMPP SmallCap has current Total Risk Alpha of 0.1519. 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]

 = 
0.1519
ER[a] = Expected return on investing in Invesco SAMPP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Invesco 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

Invesco SAMPP SmallCap falls in the fourth position for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a 42.85 ratio of Maximum Drawdown to Total Risk Alpha. Invesco SAMPP SmallCap's Maximum Drawdown exceeds Total Risk Alpha by a factor of 42.85
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Invesco SAMPP to Peers

Other Technical Indicators