FEDERATED MAX-CAP Total Risk Alpha
| FISPX Fund | | | USD 8.18 -0.03 -0.37% |
The Total Risk Alpha reading for Federated Max Cap Index is computed from historical trading observations. Values reflect historical observations within the available dataset. Portfolio design and allocation context appear in
Investing Opportunities. Position sizing and allocation together define the portfolio construction approach. Federated Max Cap Index can be included in a portfolio to evaluate diversification impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Federated Max Cap Index's mutual fund valuation — related indicators include
signals in employment.
Federated Max Cap Index has current Total Risk Alpha of 0.0227. 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] |
| = | 0.0227 | |
| ER[a] | = | Expected return on investing in FEDERATED MAX-CAP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FEDERATED MAX-CAP |
| 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
Federated Max Cap Index is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
160.01 of Maximum Drawdown per Total Risk Alpha. At
160.01 , Federated Max Cap Index'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 FEDERATED MAX-CAP to Peers
Other Technical Indicators