Blckrk Lc Total Risk Alpha
| BALPX Fund | | | USD 9.91 -0.03 -0.30% |
This technical indicator view for Total Risk Alpha organizes signals for Blckrk Lc Cr and comparable instruments. Some instruments may have limited coverage due to data differences;
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Blckrk Lc Cr has current Total Risk Alpha of 0.0269. 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] |
| = | 0.0269 | |
| ER[a] | = | Expected return on investing in Blckrk Lc |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Blckrk Lc |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Blckrk Lc Total Risk Alpha Peers Comparison
Blckrk Total Risk Alpha Relative To Other Indicators
Blckrk Lc Cr is rated
below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
49.25 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Blckrk Lc Cr is roughly
49.25 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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