Exchange Listed Total Risk Alpha
| SSPY Etf | | | USD 88.89 -0.03 -0.03% |
This technical indicator view for Total Risk Alpha organizes signals for Exchange Listed Funds and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access.
World Market Map provides context for diversified portfolio design. Broader allocation clarity strengthens diversification analysis. This suggests a position in Exchange Listed Funds 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.
Exchange Listed Funds has current Total Risk Alpha of 0.0746. 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] |
| = | 0.0746 | |
| ER[a] | = | Expected return on investing in Exchange Listed |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Exchange Listed |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Exchange Listed Total Risk Alpha Peers Comparison
Exchange Total Risk Alpha Relative To Other Indicators
Exchange Listed Funds 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
41.84 of Maximum Drawdown per Total Risk Alpha. At
41.84 , Exchange Listed Funds'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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.