| 00647L Etf | | | TWD 99.70 0.70 0.70% |
Yuanta Daily total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Yuanta Daily SP 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
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Yuanta Daily SP has current Total Risk Alpha of
(0.06). 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] |
| = | (0.06) | |
| ER[a] | = | Expected return on investing in Yuanta Daily |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Yuanta Daily |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Yuanta Daily Total Risk Alpha Peers Comparison
Yuanta Total Risk Alpha Relative To Other Indicators
Yuanta Daily SP is
fourth largest ETF in total risk alpha as compared to similar ETFs. It is
third largest ETF 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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