SPDR SAMPP Total Risk Alpha

SDY Etf  USD 144.38  0.41  0.28%   
Historical market data for SPDR SAMPP Dividend forms the basis of the Total Risk Alpha indicator shown here. Cross-instrument Total Risk Alpha comparisons are available via Equity Screeners. SPDR SAMPP has operating margin of 5.61%, ROE of 7.07%. Review World Market Map for a broader allocation view. This includes a position in SPDR SAMPP Dividend. The allocation reflects this within the position set. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in median.
SPDR SAMPP Dividend has current Total Risk Alpha of 0.1055. 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]

 = 
0.1055
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 Dividend is rated below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about 30.53 of Maximum Drawdown per Total Risk Alpha. At 30.53 , SPDR SAMPP Dividend's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
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