GMO High Total Risk Alpha
| GHVIX Fund | | | USD 17.15 0.05 0.29% |
Reference data associated with the Total Risk Alpha technical indicator for Gmo High Yield. Indicator values reflect available price and volume data where applicable.
Gmo High Yield has current Total Risk Alpha of
-0.0021. 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] |
| = | -0.0021 | |
| ER[a] | = | Expected return on investing in GMO High |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GMO High |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
GMO High Total Risk Alpha Peers Comparison
GMO Total Risk Alpha Relative To Other Indicators
Gmo High Yield is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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