AQR INTERNATIONAL Total Risk Alpha
| ANDNX Fund | | | USD 16.94 -0.07 -0.41% |
The Total Risk Alpha indicator for Aqr International Defensive is derived from observed market data. Some instruments may report limited inputs depending on trading history. Diversification context is available through
Trending Equities. Diversification context is built from the relationships between portfolio holdings. Including Aqr International Defensive in a portfolio enables allocation and risk analysis. This information is provided for contextual purposes. Broader economic conditions can influence Aqr International Defensive's mutual fund valuation — related indicators include
signals in inflation.
Aqr International Defensive has current Total Risk Alpha of 0.0789. 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] |
| = | 0.0789 | |
| ER[a] | = | Expected return on investing in AQR INTERNATIONAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AQR INTERNATIONAL |
| 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
Aqr International Defensive is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
49.61 of Maximum Drawdown per Total Risk Alpha. At
49.61 , Aqr International Defensive'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 AQR INTERNATIONAL to Peers
Other Technical Indicators