Franklin Adjustable Total Risk Alpha
| FISAX Fund | | | USD 7.52 -0.01 -0.13% |
Historical market data for Franklin Adjustable Government forms the basis of the Total Risk Alpha indicator shown here. The calculation draws on time-series market data across available periods. Review
Investing Opportunities to understand diversified portfolio construction. Portfolio construction reflects how positions are combined across holdings. This reflects a position in Franklin Adjustable Government. This is situated within the portfolio 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 nation.
Franklin Adjustable Government has current Total Risk Alpha of 0.0092. 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] |
| = | 0.0092 | |
| ER[a] | = | Expected return on investing in Franklin Adjustable |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin Adjustable |
| 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
Franklin Adjustable Government is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
57.72 of Maximum Drawdown per Total Risk Alpha. At
57.72 , Franklin Adjustable Government'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 Franklin Adjustable to Peers
Other Technical Indicators