Calvert Global Total Risk Alpha

CGLIX Fund   16.84  -0.35  -2.04%   
Reference data associated with the Total Risk Alpha technical indicator for Calvert Global Equity. Additional screening context is available through Equity Screeners.
Calvert Global Equity has current Total Risk Alpha of 0.2377. 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]

 = 
0.2377
ER[a] = Expected return on investing in Calvert Global
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Calvert 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

Calvert Global Equity is rated third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 50.47 of Maximum Drawdown per Total Risk Alpha. At 50.47 , Calvert Global Equity'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 Calvert Global to Peers

Other Technical Indicators