BUFFALO HIGH Total Risk Alpha
| BUFHX Fund | | | USD 10.46 -0.04 -0.38% |
BUFFALO HIGH total risk alpha lookup summarizes this and related technical indicators for Buffalo High Yield. Availability can vary by instrument;
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Buffalo High Yield has current Total Risk Alpha of 0.0099. 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] |
| = | 0.0099 | |
| ER[a] | = | Expected return on investing in BUFFALO HIGH |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BUFFALO HIGH |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BUFFALO HIGH Total Risk Alpha Peers Comparison
BUFFALO Total Risk Alpha Relative To Other Indicators
Buffalo High Yield is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
57.78 of Maximum Drawdown per Total Risk Alpha. At
57.78 , Buffalo High Yield'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.
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