American Century Total Risk Alpha
| AAEVX Fund | | | USD 12.59 -0.25 -1.95% |
The Total Risk Alpha reading for American Century One is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Diversification context is available through
Trending Equities. Allocation context can improve visibility into portfolio balance. This includes a position in American Century One. The position sits inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
American Century One has current Total Risk Alpha of 0.0426. 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] |
| = | 0.0426 | |
| ER[a] | = | Expected return on investing in American Century |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on American Century |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
American Century One ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
90.06 of Maximum Drawdown per Total Risk Alpha. At
90.06 , American Century One's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare American Century to Peers
Other Technical Indicators