Yieldmax XOM Total Risk Alpha
| XOMO Etf | | | 13.53 -0.07 -0.51% |
Observed values used in the Total Risk Alpha indicator for Yieldmax XOM Option are included in this dataset. The information is based on observed market data across timeframes. Review
Your Current Watchlist to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Adding Yieldmax XOM Option to a portfolio enables side-by-side comparison with other holdings. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence Yieldmax XOM Option's etf valuation — related indicators include
signals in state.
Yieldmax XOM Option has current Total Risk Alpha of 0.4877. 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] |
| = | 0.4877 | |
| ER[a] | = | Expected return on investing in Yieldmax XOM |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Yieldmax XOM |
| 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
Yieldmax XOM Option lands at
#2 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
12.28 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Yieldmax XOM Option sits at
12.28 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Yieldmax XOM to Peers
Other Technical Indicators