Columbia Ultra Total Risk Alpha
| CUSOX Fund | | | USD 9.26 -0.01 -0.11% |
This technical indicator view for Total Risk Alpha organizes signals for Columbia Ultra Short and comparable instruments. Data availability can vary by region and feed;
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Trending Equities to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in Columbia Ultra Short inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Columbia Ultra Short has current Total Risk Alpha of 0.0088. 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] |
| = | 0.0088 | |
| ER[a] | = | Expected return on investing in Columbia Ultra |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Columbia Ultra |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Columbia Ultra Total Risk Alpha Peers Comparison
Columbia Total Risk Alpha Relative To Other Indicators
Columbia Ultra Short is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
49.42 of Maximum Drawdown per Total Risk Alpha. At
49.42 , Columbia Ultra Short'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.
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