CTBC USD total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for CTBC USD Corporate 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
CTBC
CTBC USD Corporate has current Total Risk Alpha of 0.0741. 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]
=
0.0741
ER[a]
=
Expected return on investing in CTBC USD
ER[b]
=
Expected return on market index or selected benchmark
CTBC Total Risk Alpha Relative To Other Indicators
CTBC USD Corporate is fifth largest ETF in total risk alpha as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about 31.63 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CTBC USD Corporate is roughly 31.63
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