Fwyfax Total Risk Alpha
| FWYFAX Fund | | | 10.16 -0.03 -0.29% |
Fwyfax total risk alpha lookup summarizes this and related technical indicators for Fwyfax. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Investing Opportunities to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Fwyfax within the portfolio mix. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in price.
Fwyfax has current Total Risk Alpha of 0.0254. 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] |
| = | 0.0254 | |
| ER[a] | = | Expected return on investing in Fwyfax |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fwyfax |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Fwyfax Total Risk Alpha Peers Comparison
Fwyfax Total Risk Alpha Relative To Other Indicators
Fwyfax is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
94.62 of Maximum Drawdown per Total Risk Alpha. At
94.62 , Fwyfax'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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.