SUSTAINABLE EQUITY Total Risk Alpha

AFDIX Fund  USD 44.94  -0.66  -1.45%   
Observed values used in the Total Risk Alpha indicator for Sustainable Equity Fund are included in this dataset. The information is based on observed market data across timeframes. Trending Equities provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. Diversification context is built from the relationships between portfolio holdings. All content is derived from available inputs and carries no advisory implication. This suggests a position in Sustainable Equity Fund. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. 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 gross domestic product.
Sustainable Equity Fund has current Total Risk Alpha of -0.02. 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]

 = 
-0.02
ER[a] = Expected return on investing in SUSTAINABLE EQUITY
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SUSTAINABLE EQUITY
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

Sustainable Equity Fund is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare SUSTAINABLE EQUITY to Peers

Other Technical Indicators