COLUMBIA ADAPTIVE Total Risk Alpha
| CRAAX Fund | | | USD 10.73 -0.16 -1.47% |
Technical inputs supporting the Total Risk Alpha indicator for Columbia Adaptive Risk are shown here. Values are derived from historical price and volume observations. Use
Trending Equities to better understand diversified portfolio construction. The diversification view provides additional analytical depth. The holding in Columbia Adaptive Risk represents an allocation. The weighting is determined by the allocation framework in use. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.
Columbia Adaptive Risk has current Total Risk Alpha of 0.0807. 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] |
| = | 0.0807 | |
| ER[a] | = | Expected return on investing in COLUMBIA ADAPTIVE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on COLUMBIA ADAPTIVE |
| 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
Columbia Adaptive Risk is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
35.38 of Maximum Drawdown per Total Risk Alpha. At
35.38 , Columbia Adaptive Risk'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 COLUMBIA ADAPTIVE to Peers
Other Technical Indicators