ZUUZF Total Risk Alpha
| ZUUZF Pink Sheet | | | 0.09 -0.01 -5.30% |
The Total Risk Alpha profile for ZUUZF is based on historical price and volume observations. Normalization methods and data feeds may affect reported values.
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ZUUZF has current Total Risk Alpha of 2.39. 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] |
| = | 2.39 | |
| ER[a] | = | Expected return on investing in ZUUZF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ZUUZF |
| 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
ZUUZF is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
32.16 Maximum Drawdown per unit of Total Risk Alpha. ZUUZF carries a
32.16 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ZUUZF to Peers
Other Technical Indicators