Aam/himco Short Total Risk Alpha
| ASDIX Fund | | | USD 10.14 -0.01 -0.1% |
The Total Risk Alpha technical lookup provides context for Aamhimco Short Duration and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Trending Equities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Aamhimco Short Duration within the portfolio 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 gross domestic product.
Aamhimco Short Duration has current Total Risk Alpha of 0.0051. 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] |
| = | 0.0051 | |
| ER[a] | = | Expected return on investing in Aam/himco Short |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Aam/himco Short |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Aam/himco Short Total Risk Alpha Peers Comparison
Aam/himco Total Risk Alpha Relative To Other Indicators
Aamhimco Short Duration is rated
below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
39.06 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Aamhimco Short Duration is roughly
39.06 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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