| ZDJ Etf | | | CAD 69.47 0.34 0.49% |
BMO Dow total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for BMO Dow Jones 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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BMO Dow Jones has current Total Risk Alpha of 0.0192. 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] |
| = | 0.0192 | |
| ER[a] | = | Expected return on investing in BMO Dow |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BMO Dow |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BMO Dow Total Risk Alpha Peers Comparison
BMO Total Risk Alpha Relative To Other Indicators
BMO Dow Jones is rated
second in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
236.97 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for BMO Dow Jones is roughly
236.97 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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