Discipline Fund Total Risk Alpha

DSCFDelisted Etf  USD 24.12  -0.02  -0.08%   
The Total Risk Alpha indicator for Discipline Fund is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The Equity Screeners module supports multi-indicator technical analysis. Investing Opportunities frames the approach to diversified portfolio design. The view supports a broader understanding of portfolio structure. Allocation structure reflects how positions are distributed across the portfolio. All figures are presented for informational review and are not prescriptive. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in median.
Discipline Fund ETF has current Total Risk Alpha of 0.0668. 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]

 = 
0.0668
ER[a] = Expected return on investing in Discipline Fund
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Discipline Fund
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

Discipline Fund ETF is rated below average in total risk alpha relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly 19.49 Maximum Drawdown per unit of Total Risk Alpha. Discipline Fund ETF carries a 19.49 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.

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