GUGGENHEIM FLOATING Total Risk Alpha
| GIFIX Fund | | | USD 23.03 0.01 0.04% |
Reference data associated with the Total Risk Alpha technical indicator for Guggenheim Floating Rate. Certain instruments may report limited data depending on market coverage.
Guggenheim Floating Rate has current Total Risk Alpha of
-0.01. 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] |
| = | -0.01 | |
| ER[a] | = | Expected return on investing in GUGGENHEIM FLOATING |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GUGGENHEIM FLOATING |
| 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
Guggenheim Floating Rate 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.
Compare GUGGENHEIM FLOATING to Peers
Other Technical Indicators