SHELTON CORE Total Risk Alpha

EQTKX Fund  USD 15.44  -0.19  -1.22%   
This dataset for Shelton E Value reflects inputs used in the Total Risk Alpha calculation. This dataset is part of a broader indicator framework including Equity Screeners. Review Investing Opportunities to understand diversified portfolio construction. Portfolio construction reflects how positions are combined across holdings. The allocation includes a position in Shelton E Value. The position falls within the allocation view. 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 industry.
Shelton E Value 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 SHELTON CORE
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SHELTON CORE
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

Shelton E Value is rated second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 432.32 of Maximum Drawdown per Total Risk Alpha. At 432.32 , Shelton E Value'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 SHELTON CORE to Peers

Other Technical Indicators