IShares SAMPPTSX Total Risk Alpha

XBM Etf  CAD 28.84  -1.09  -3.64%   
Observed values used in the Total Risk Alpha indicator for iShares SAMPPTSX Global are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. For broader technical screening across instruments, see Equity Screeners. Portfolio design and allocation context appear in Your Current Watchlist. Portfolio-level transparency adds depth to allocation analysis. Position sizing and allocation together define the portfolio construction approach. A position in iShares SAMPPTSX Global is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. The information is presented without directional commentary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
iShares SAMPPTSX Global has current Total Risk Alpha of 0.4044. 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]

 = 
0.4044
ER[a] = Expected return on investing in IShares SAMPPTSX
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares SAMPPTSX
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

iShares SAMPPTSX Global takes the leading position in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 30.45 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for iShares SAMPPTSX Global sits at 30.45
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares SAMPPTSX to Peers

Other Technical Indicators