Battleshares TSLA Total Risk Alpha
| ELON Etf | | | 18.00 0.30 1.69% |
Battleshares TSLA total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Battleshares TSLA vs 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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Battleshares TSLA vs has current Total Risk Alpha of
(0.37). 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] |
| = | (0.37) | |
| ER[a] | = | Expected return on investing in Battleshares TSLA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Battleshares TSLA |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Battleshares TSLA Total Risk Alpha Peers Comparison
Battleshares Total Risk Alpha Relative To Other Indicators
Battleshares TSLA vs is rated
below average in total risk alpha as compared to similar ETFs. It is rated
# 2 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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