Leverage Shares Total Risk Alpha

TSMG Etf   26.26  -1.83  -6.51%   
The Total Risk Alpha profile for Leverage Shares 2X is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Review World Market Map to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. The dataset is presented as structured reference material for independent review. The allocation includes a position in Leverage Shares 2X. It is distributed across the allocation. The weighting is determined by the allocation framework in use. 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 board of governors.
Leverage Shares 2X has current Total Risk Alpha of 0.949. 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]

 = 
0.949
ER[a] = Expected return on investing in Leverage Shares
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Leverage Shares
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

Leverage Shares 2X holds the top spot in total risk alpha relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly 22.03 Maximum Drawdown per unit of Total Risk Alpha. Leverage Shares 2X carries a 22.03 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Leverage Shares to Peers

Other Technical Indicators