Mackenzie Aggregate total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Mackenzie Aggregate Bond 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 Equity Screeners to view more equity screening tools
Mackenzie
Mackenzie Aggregate Bond has current Total Risk Alpha of 0.0388. 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]
=
0.0388
ER[a]
=
Expected return on investing in Mackenzie Aggregate
ER[b]
=
Expected return on market index or selected benchmark
Mackenzie Aggregate Total Risk Alpha Peers Comparison
Mackenzie Total Risk Alpha Relative To Other Indicators
Mackenzie Aggregate Bond is rated below average in total risk alpha as compared to similar ETFs. It is rated fourth largest ETF in maximum drawdown as compared to similar ETFs reporting about 63.05 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mackenzie Aggregate Bond is roughly 63.05
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