AB RELATIVE Total Risk Alpha

CABDX Fund  USD 6.61  0.03  0.46%   
Reference data associated with the Total Risk Alpha technical indicator for Ab Relative Value. Indicator inputs depend on available historical price observations.
Ab Relative Value has current Total Risk Alpha of 0.0869. 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]

 = 
0.0869
ER[a] = Expected return on investing in AB RELATIVE
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on AB RELATIVE
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

Ab Relative Value is rated third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 36.93 of Maximum Drawdown per Total Risk Alpha. At 36.93 , Ab Relative Value'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 AB RELATIVE to Peers

Other Technical Indicators