SPDR Barclays Total Risk Alpha
| SPTL Etf | | | USD 26.00 -0.50 -1.89% |
The Total Risk Alpha indicator for SPDR Barclays is constructed from normalized market data. Related indicator context is organized within
Equity Screeners.
World Market Map provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in SPDR Barclays Long. This appears 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 population.
SPDR Barclays Long has current Total Risk Alpha of 0.0463. 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] |
| = | 0.0463 | |
| 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 Long carries a
fourth ranking for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
49.40 per Total Risk Alpha. SPDR Barclays Long's Maximum Drawdown registers at
49.40 relative to Total Risk Alpha
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