AIM ETF Total Risk Alpha

SIXJ Etf  USD 33.75  0.23  0.69%   
Technical inputs supporting the Total Risk Alpha indicator for AIM ETF Products are shown here. Values are derived from historical price and volume observations. For portfolio construction context, review World Market Map. This information is provided for contextual purposes. AIM ETF Products can be tracked within a custom portfolio for ongoing monitoring. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence AIM ETF Products's etf valuation — related indicators include signals in services.
AIM ETF Products has current Total Risk Alpha of 0.01. 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]

 = 
0.01
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

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

AIM ETF Products is rated below average in the total risk alpha category versus ETFs. It is currently under evaluation in the maximum drawdown category versus ETFs showing 188.08 of Maximum Drawdown relative to Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare AIM ETF to Peers

Other Technical Indicators