COLUMBIA SELECT Total Risk Alpha
| CSPIX Fund | | | USD 12.42 0.18 1.47% |
The Total Risk Alpha reading for Columbia Select Large is computed from historical trading observations. Values reflect historical observations within the available dataset. Use
Trending Equities to better understand diversified portfolio construction. All values are presented as reference data. Tracking Columbia Select Large in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Columbia Select Large's mutual fund valuation — related indicators include
signals in gross domestic product.
Columbia Select Large has current Total Risk Alpha of 0.267. 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] |
| = | 0.267 | |
| ER[a] | = | Expected return on investing in COLUMBIA SELECT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on COLUMBIA SELECT |
| 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 Select Large ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
59.53 of Maximum Drawdown per Total Risk Alpha. At
59.53 , Columbia Select Large'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 SELECT to Peers
Other Technical Indicators