Harbor Long Total Risk Alpha
| WINN Etf | | | USD 28.55 0.01 0.04% |
Observed values used to calculate the Total Risk Alpha technical indicator for Harbor Long Term Growers. Indicator inputs depend on available historical price observations.
Harbor Long Term Growers has current Total Risk Alpha of
-0.05. 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] |
| = | -0.05 | |
| ER[a] | = | Expected return on investing in Harbor Long |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Harbor Long |
| 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
Harbor Long Term Growers is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Harbor Long to Peers
Other Technical Indicators