YOKE Core Total Risk Alpha
| YOKE Etf | | | 28.00 -0.35 -1.23% |
Observed values used to calculate the Total Risk Alpha technical indicator for YOKE Core ETF. Values may reflect normalized price or volume observations.
YOKE Core ETF has current Total Risk Alpha of 0.1222. 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] |
| = | 0.1222 | |
| ER[a] | = | Expected return on investing in YOKE Core |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on YOKE Core |
| 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
YOKE Core ETF holds the
#2 position for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near
34.61 . The Maximum Drawdown to Total Risk Alpha ratio for YOKE Core ETF comes in at
34.61 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare YOKE Core to Peers
Other Technical Indicators