Amplify Junior Total Risk Alpha
| SILJ Etf | | | USD 31.45 -1.92 -5.75% |
The Total Risk Alpha technical lookup provides context for Amplify Junior Silver and related instruments. Coverage depends on data availability and normalization;
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World Market Map provides context for diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in Amplify Junior Silver in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
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Amplify Junior Silver has current Total Risk Alpha of 0.6981. 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] |
| = | 0.6981 | |
| ER[a] | = | Expected return on investing in Amplify Junior |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Amplify Junior |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Amplify Junior Total Risk Alpha Peers Comparison
Amplify Total Risk Alpha Relative To Other Indicators
Amplify Junior Silver is the highest-ranked etf in the total risk alpha category versus ETFs. It is currently under evaluation in the maximum drawdown category versus ETFs showing
32.59 of Maximum Drawdown relative to Total Risk Alpha. For Amplify Junior Silver, Maximum Drawdown measures
32.59 times 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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