| LEAD Etf | | | CAD 23.64 0.01 0.04% |
Evolve Future total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Evolve Future Leadership 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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Evolve Future Leadership has current Total Risk Alpha of 0.0858. 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] |
| = | 0.0858 | |
| ER[a] | = | Expected return on investing in Evolve Future |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Evolve Future |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Evolve Future Total Risk Alpha Peers Comparison
Evolve Total Risk Alpha Relative To Other Indicators
Evolve Future Leadership is rated
second overall 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
69.12 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Evolve Future Leadership is roughly
69.12 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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