AMERICAN BEACON Total Risk Alpha
| ABSYX Fund | | | USD 23.90 -0.44 -1.81% |
AMERICAN BEACON total risk alpha lookup summarizes this and related technical indicators for American Beacon Small. Coverage varies by data normalization and availability; see
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American Beacon Small has current Total Risk Alpha of 0.1303. 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] |
| = | 0.1303 | |
| ER[a] | = | Expected return on investing in AMERICAN BEACON |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AMERICAN BEACON |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
AMERICAN BEACON Total Risk Alpha Peers Comparison
AMERICAN Total Risk Alpha Relative To Other Indicators
American Beacon Small is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
41.07 of Maximum Drawdown per Total Risk Alpha. At
41.07 , American Beacon Small'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.
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