Global Stock Total Risk Alpha
| DGLRX Fund | | | USD 16.94 -0.28 -1.63% |
This technical indicator view for Total Risk Alpha organizes signals for Global Stock Fund and comparable instruments. Availability can vary by instrument;
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Global Stock Fund has current Total Risk Alpha of 0.5402. 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] |
| = | 0.5402 | |
| ER[a] | = | Expected return on investing in Global Stock |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Global Stock |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Global Stock Total Risk Alpha Peers Comparison
Global Total Risk Alpha Relative To Other Indicators
Global Stock Fund is positioned as one of the top mutual funds in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
71.62 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Global Stock Fund is roughly
71.62 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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