ETF Opportunities Total Risk Alpha

UBCB Etf  USD 18.03  0.41  2.22%   
ETF Opportunities total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for ETF Opportunities Trust or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
ETF Opportunities Trust has current Total Risk Alpha of (0.29). 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] 
 = 
(0.29)
ER[a] = Expected return on investing in ETF Opportunities
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ETF Opportunities
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

ETF Opportunities Total Risk Alpha Peers Comparison

ETF Opportunities Total Risk Alpha Relative To Other Indicators

ETF Opportunities Trust is currently under evaluation in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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