Fm High Total Risk Alpha
| ZTOP Etf | | | 52.26 0.02 0.04% |
Fm High total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fm High Yield 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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Fm High Yield has current Total Risk Alpha of
(0.01). 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] |
| = | (0.01) | |
| ER[a] | = | Expected return on investing in Fm High |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fm High |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Fm High Total Risk Alpha Peers Comparison
ZTOP Total Risk Alpha Relative To Other Indicators
Fm High Yield 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 .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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