TD Active Total Risk Alpha
| TUED Etf | | | CAD 32.52 -0.22 -0.67% |
Observed values used to calculate the Total Risk Alpha technical indicator for TD Active Enhanced. Certain instruments may report limited data depending on market coverage.
TD Active Enhanced has current Total Risk Alpha of 0.0907. 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] |
| = | 0.0907 | |
| ER[a] | = | Expected return on investing in TD Active |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TD Active |
| 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
TD Active Enhanced lands at
#4 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
69.67 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for TD Active Enhanced sits at
69.67 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare TD Active to Peers
Other Technical Indicators