Innovator SAMPP Total Risk Alpha
| UJUL Etf | | | USD 38.86 0.18 0.47% |
Observed values used to calculate the Total Risk Alpha technical indicator for Innovator SAMPP 500. Coverage may vary depending on data feeds and normalization methods.
Innovator SAMPP 500 has current Total Risk Alpha of 0.0399. 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] |
| = | 0.0399 | |
| ER[a] | = | Expected return on investing in Innovator SAMPP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Innovator SAMPP |
| 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
Innovator SAMPP 500 is rated
below average for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
38.73 per Total Risk Alpha. Innovator SAMPP 500's Maximum Drawdown registers at
38.73 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Innovator SAMPP to Peers
Other Technical Indicators