DELAWARE MINNESOTA Total Risk Alpha
| DMHIX Fund | | | USD 9.94 0.02 0.20% |
Observed values used to calculate the Total Risk Alpha technical indicator for Delaware Minnesota High Yield. Indicator inputs depend on available historical price observations.
Delaware Minnesota High Yield has current Total Risk Alpha of 0.0162. 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] |
| = | 0.0162 | |
| ER[a] | = | Expected return on investing in DELAWARE MINNESOTA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on DELAWARE MINNESOTA |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
DELAWARE MINNESOTA Total Risk Alpha Peers Comparison
DELAWARE Total Risk Alpha Relative To Other Indicators
Delaware Minnesota High Yield is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
67.85 of Maximum Drawdown per Total Risk Alpha. At
67.85 , Delaware Minnesota High Yield'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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