VanEck European Total Risk Alpha
| TEET Etf | | | EUR 89.02 0.59 0.67% |
Reference data associated with the Total Risk Alpha technical indicator for VanEck European Equal. Indicator inputs depend on available historical price observations.
VanEck European Equal has current Total Risk Alpha of 0.0773. 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] |
| = | 0.0773 | |
| ER[a] | = | Expected return on investing in VanEck European |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VanEck European |
| 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
VanEck European Equal maintains a
fourth standing in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
57.80 of Maximum Drawdown per Total Risk Alpha. For VanEck European Equal, Maximum Drawdown stands at
57.80 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare VanEck European to Peers
Other Technical Indicators