Sprott Silver Total Risk Alpha
| SLVR Etf | | | USD 72.64 2.32 3.30% |
The Total Risk Alpha lookup presents technical context for Sprott Silver Miners and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Sprott Silver has market cap of 327.19 M, P/E of 142.0.
World Market Map can help frame allocation decisions. The allocation includes a position in Sprott Silver Miners 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
signals in manufacturing.
Sprott Silver Miners has current Total Risk Alpha of 0.7559. 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] |
| = | 0.7559 | |
| ER[a] | = | Expected return on investing in Sprott Silver |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sprott Silver |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sprott Silver Total Risk Alpha Peers Comparison
Sprott Total Risk Alpha Relative To Other Indicators
Sprott Silver Miners is regarded as the highest-ranked etf in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
33.44 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Sprott Silver Miners is roughly
33.44 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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