DoubleLine Shiller Total Risk Alpha

DCPE Etf  USD 31.60  0.05  0.16%   
DoubleLine Shiller total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for DoubleLine Shiller CAPE 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
  
DoubleLine Shiller CAPE has current Total Risk Alpha of 0.0478. 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]

 = 
0.0478
ER[a] = Expected return on investing in DoubleLine Shiller
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on DoubleLine Shiller
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

DoubleLine Shiller Total Risk Alpha Peers Comparison

DoubleLine Total Risk Alpha Relative To Other Indicators

DoubleLine Shiller CAPE is rated # 3 ETF in total risk alpha as compared to similar ETFs. It is rated # 5 ETF in maximum drawdown as compared to similar ETFs reporting about  65.05  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for DoubleLine Shiller CAPE is roughly  65.05 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare DoubleLine Shiller to Peers

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