Brompton Global Total Risk Alpha
| HIG Etf | | | CAD 7.96 0.04 0.51% |
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Brompton Global Healthcare has current Total Risk Alpha of 0.0169. 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] |
| = | 0.0169 | |
| ER[a] | = | Expected return on investing in Brompton Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Brompton Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Brompton Global Total Risk Alpha Peers Comparison
Brompton Total Risk Alpha Relative To Other Indicators
Brompton Global Healthcare is rated
# 3 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
324.67 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Brompton Global Healthcare is roughly
324.67 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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