Innovator SAMPP Total Risk Alpha

USEP Etf  USD 38.57  -0.30  -0.77%   
Technical inputs supporting the Total Risk Alpha indicator for Innovator SAMPP 500 are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. Portfolio design and allocation context appear in World Market Map. The view supports a broader understanding of portfolio structure. Portfolio balance depends on how holdings are weighted relative to each other. This overview is based on available data and does not express a directional view. A position in Innovator SAMPP 500 is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Innovator SAMPP 500 has current Total Risk Alpha of 0.0108. 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]

 = 
0.0108
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 among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 140.81 against Total Risk Alpha. Maximum Drawdown runs about 140.81 times Total Risk Alpha for Innovator SAMPP 500
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