| ETNDX Fund | | | USD 20.53 0.06 0.29% |
Eventide Global total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Eventide Global Dividend 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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Eventide Global Dividend has current Total Risk Alpha of 0.0013. 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] |
| = | 0.0013 | |
| ER[a] | = | Expected return on investing in Eventide Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Eventide Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Eventide Global Total Risk Alpha Peers Comparison
Eventide Total Risk Alpha Relative To Other Indicators
Eventide Global Dividend is rated
# 2 fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2,746 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Eventide Global Dividend is roughly
2,746 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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