SPDR MSCI Total Risk Alpha
| SMCX Etf | | | CHF 327.75 -1.45 -0.44% |
The Total Risk Alpha lookup presents technical context for SPDR MSCI Europe and related instruments. Availability can vary by instrument;
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World Market Map provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in SPDR MSCI Europe 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 inflation.
SPDR MSCI Europe has current Total Risk Alpha of 0.0377. 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] |
| = | 0.0377 | |
| ER[a] | = | Expected return on investing in SPDR MSCI |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SPDR MSCI |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SPDR MSCI Total Risk Alpha Peers Comparison
SPDR Total Risk Alpha Relative To Other Indicators
SPDR MSCI Europe is rated
below average. in total risk alpha as compared to similar ETFs. It is rated
below average. in maximum drawdown as compared to similar ETFs reporting about
144.32 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SPDR MSCI Europe is roughly
144.32 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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