UTILITIES FUND Total Risk Alpha
| BULIX Fund | | | USD 19.32 -0.75 -3.74% |
This module presents the Total Risk Alpha indicator for Utilities Fund Investor using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments. Review
Trending Equities to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. This reflects a position in Utilities Fund Investor. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. 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.
Utilities Fund Investor has current Total Risk Alpha of 0.2095. 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] |
| = | 0.2095 | |
| ER[a] | = | Expected return on investing in UTILITIES FUND |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on UTILITIES FUND |
| 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
Utilities Fund Investor is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
29.95 of Maximum Drawdown per Total Risk Alpha. At
29.95 , Utilities Fund Investor'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 UTILITIES FUND to Peers
Other Technical Indicators