| TARK Etf | | | USD 90.22 2.55 2.91% |
AXS 2X total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for AXS 2X Innovation 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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AXS 2X Innovation has current Total Risk Alpha of 0.0068. 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] |
| = | 0.0068 | |
| ER[a] | = | Expected return on investing in AXS 2X |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AXS 2X |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
AXS 2X Total Risk Alpha Peers Comparison
AXS Total Risk Alpha Relative To Other Indicators
AXS 2X Innovation is presently regarded as number one 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
3,358 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for AXS 2X Innovation is roughly
3,358 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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