China Fund Total Risk Alpha
| CHN Fund | | | USD 1.67 -0.04 -2.34% |
China Fund total risk alpha lookup summarizes this and related technical indicators for China Fund. Availability can vary by instrument;
Equity Screeners offers additional screening access. China Fund has a market cap of 145.9 M, operating margin of 22.49%, ROE of -43.62%. Use
Trending Equities to explore allocation context. This includes a position in China Fund within the allocation view. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in rate.
China Fund has current Total Risk Alpha of 0.3516. 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] |
| = | 0.3516 | |
| ER[a] | = | Expected return on investing in China Fund |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on China Fund |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
China Fund Total Risk Alpha Peers Comparison
China Total Risk Alpha Relative To Other Indicators
China Fund takes the leading position in total risk alpha compared to similar funds. It is currently under evaluation in maximum drawdown compared to similar funds producing
72.51 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for China Fund sits at
72.51 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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