| GBS Etf | | | EUR 231.28 7.75 3.24% |
Gold Bullion total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Gold Bullion Securities 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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Gold Bullion Securities has current Total Risk Alpha of 0.091. 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] |
| = | 0.091 | |
| ER[a] | = | Expected return on investing in Gold Bullion |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Gold Bullion |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Gold Bullion Total Risk Alpha Peers Comparison
Gold Total Risk Alpha Relative To Other Indicators
Gold Bullion Securities is one of the top ETFs in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
43.32 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Gold Bullion Securities is roughly
43.32 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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