| PULT Etf | | | 50.59 0.01 0.02% |
Putnam ETF total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Putnam ETF Trust 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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Putnam ETF Trust has current Total Risk Alpha of 0.0042. 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] |
| = | 0.0042 | |
| ER[a] | = | Expected return on investing in Putnam ETF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Putnam ETF |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Putnam ETF Total Risk Alpha Peers Comparison
Putnam Total Risk Alpha Relative To Other Indicators
Putnam ETF Trust is regarded
third largest 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
37.86 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Putnam ETF Trust is roughly
37.86 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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