AMERICAN BEACON Total Risk Alpha
| BRLVX Fund | | | USD 25.37 -0.30 -1.17% |
Technical inputs supporting the Total Risk Alpha indicator for American Beacon Bridgeway are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. For portfolio construction context, review
Trending Equities. Diversification context helps frame allocation across holdings. A position in American Beacon Bridgeway is part of the allocation. This appears in the portfolio view. 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 manufacturing.
American Beacon Bridgeway has current Total Risk Alpha of 0.1097. 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] |
| = | 0.1097 | |
| ER[a] | = | Expected return on investing in AMERICAN BEACON |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AMERICAN BEACON |
| 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
American Beacon Bridgeway is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
40.98 of Maximum Drawdown per Total Risk Alpha. At
40.98 , American Beacon Bridgeway'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 AMERICAN BEACON to Peers
Other Technical Indicators