SPDR SAMPP Total Risk Alpha

XAR Etf  USD 266.59  4.92  1.88%   
The Total Risk Alpha profile for SPDR SAMPP Aerospace is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods. SPDR SAMPP has operating margin of 14.06%, current ratio of 6.18. Use Your Current Watchlist to view allocation positioning. Tracking SPDR SAMPP Aerospace in a portfolio provides context for performance attribution. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence SPDR SAMPP Aerospace's etf valuation — related indicators include signals in nation.
SPDR SAMPP Aerospace has current Total Risk Alpha of 0.3661. 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]

 = 
0.3661
ER[a] = Expected return on investing in SPDR SAMPP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SPDR 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

SPDR SAMPP Aerospace outranks all peers for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 24.13 against Total Risk Alpha. Maximum Drawdown runs about 24.13 times Total Risk Alpha for SPDR SAMPP Aerospace
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare SPDR SAMPP to Peers

Other Technical Indicators