SPDR SAMPP Total Risk Alpha

SIMS Etf  USD 43.15  -0.16  -0.37%   
The Total Risk Alpha technical lookup provides context for SPDR SAMPP Kensho and related instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. World Market Map provides context for diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This reflects a position in SPDR SAMPP Kensho within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
SPDR SAMPP Kensho has current Total Risk Alpha of 0.0259. 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]

 = 
0.0259
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

SPDR SAMPP Total Risk Alpha Peers Comparison

SPDR Total Risk Alpha Relative To Other Indicators

SPDR SAMPP Kensho is rated below average. in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 294.08 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SPDR SAMPP Kensho is roughly 294.08
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare SPDR SAMPP to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas