SPDR Barclays Total Risk Alpha
| SPSB Etf | | | USD 30.03 -0.05 -0.17% |
Observed values used to calculate the Total Risk Alpha technical indicator for SPDR Barclays Short. Values may reflect normalized price or volume observations.
SPDR Barclays Short has current Total Risk Alpha of 0.0069. 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] |
| = | 0.0069 | |
| ER[a] | = | Expected return on investing in SPDR Barclays |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SPDR Barclays |
| 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
SPDR Barclays Short is rated
below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
62.70 of Maximum Drawdown per Total Risk Alpha. At
62.70 , SPDR Barclays Short's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare SPDR Barclays to Peers
Other Technical Indicators