Amana Developing Total Risk Alpha
| AMDWX Fund | | | USD 16.52 -0.14 -0.84% |
The Total Risk Alpha lookup presents technical context for Amana Developing World and related instruments. Availability can vary by instrument;
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Amana Developing World has current Total Risk Alpha of 0.2191. 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] |
| = | 0.2191 | |
| ER[a] | = | Expected return on investing in Amana Developing |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Amana Developing |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Amana Developing Total Risk Alpha Peers Comparison
Amana Total Risk Alpha Relative To Other Indicators
Amana Developing World is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
31.19 of Maximum Drawdown per Total Risk Alpha. At
31.19 , Amana Developing World'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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