Ab Select Total Risk Alpha
| AUUIX Fund | | | USD 23.11 -0.27 -1.15% |
The Total Risk Alpha reading for Ab Select Equity is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data.
Trending Equities frames the approach to diversified portfolio design. The portfolio structure determines how individual positions contribute to the whole. A position in Ab Select Equity is part of the allocation. Portfolio construction methods define how positions are sized. 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.
Ab Select Equity has current Total Risk Alpha of 0.0158. 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] |
| = | 0.0158 | |
| ER[a] | = | Expected return on investing in Ab Select |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ab Select |
| 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
Ab Select Equity is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
196.39 of Maximum Drawdown per Total Risk Alpha. At
196.39 , Ab Select Equity'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 Ab Select to Peers
Other Technical Indicators