BROOKFIELD GLOBAL Total Risk Alpha

BGLYX Fund  USD 12.36  0.12  0.98%   
Historical market data for Brookfield Global Listed forms the basis of the Total Risk Alpha indicator shown here. Related indicator context is organized within Equity Screeners. Use Trending Equities to explore diversified allocation structure. Understanding allocation structure supports portfolio context. Tracking Brookfield Global Listed in a portfolio helps measure its contribution to overall performance. The information is presented without directional commentary. Broader economic conditions can influence Brookfield Global Listed's mutual fund valuation — related indicators include signals in small area income & poverty estimates.
Brookfield Global Listed has current Total Risk Alpha of 0.1574. 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]

 = 
0.1574
ER[a] = Expected return on investing in BROOKFIELD GLOBAL
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on BROOKFIELD GLOBAL
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

Brookfield Global Listed is rated fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 24.67 of Maximum Drawdown per Total Risk Alpha. At 24.67 , Brookfield Global Listed'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 BROOKFIELD GLOBAL to Peers

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