BMO MSCI Total Risk Alpha
| ZEQ Etf | | | CAD 29.10 -0.48 -1.62% |
This module presents the Total Risk Alpha indicator for BMO MSCI Europe using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. The
Equity Screeners framework provides wider technical analysis context.
Your Current Watchlist provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in BMO MSCI Europe. The position sits inside the allocation mix. 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.
BMO MSCI Europe has current Total Risk Alpha of 0.0207. 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] |
| = | 0.0207 | |
| ER[a] | = | Expected return on investing in BMO MSCI |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BMO MSCI |
| 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
BMO MSCI Europe is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
173.12 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for BMO MSCI Europe sits at
173.12 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare BMO MSCI to Peers
Other Technical Indicators