Shinhan SOL total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Shinhan SOL KRX300 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
Shinhan
Shinhan SOL KRX300 has current Total Risk Alpha of 0.1796. 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]
=
0.1796
ER[a]
=
Expected return on investing in Shinhan SOL
ER[b]
=
Expected return on market index or selected benchmark
Shinhan Total Risk Alpha Relative To Other Indicators
Shinhan SOL KRX300 is fifth largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about 28.26 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Shinhan SOL KRX300 is roughly 28.26
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