Simplify Volt Total Risk Alpha

TESL Etf   13.56  -0.32  -2.31%   
The Total Risk Alpha profile for Simplify Volt TSLA is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Use World Market Map to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. This dataset reflects observed data and is not advisory in nature. The allocation includes a position in Simplify Volt TSLA. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. This information is provided for contextual purposes. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
Simplify Volt TSLA has current Total Risk Alpha of -0.29. 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]

 = 
-0.29
ER[a] = Expected return on investing in Simplify Volt
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Simplify Volt
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

Simplify Volt TSLA is rated below average for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Simplify Volt to Peers

Other Technical Indicators