AIM ETF Total Risk Alpha
| SIXF Etf | | | 32.05 0.18 0.56% |
AIM ETF total risk alpha lookup summarizes this and related technical indicators for AIM ETF Products. Coverage varies by data normalization and availability; see
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AIM ETF Products has current Total Risk Alpha of 0.006. 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] |
| = | 0.006 | |
| ER[a] | = | Expected return on investing in AIM ETF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AIM ETF |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
AIM ETF Total Risk Alpha Peers Comparison
AIM Total Risk Alpha Relative To Other Indicators
AIM ETF Products is evaluated as
fourth in Total Risk Alpha in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
305.55 of Maximum Drawdown per 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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