Low Duration Total Risk Alpha
| GLDYX Fund | | | USD 12.97 0.02 0.15% |
Reference data associated with the Total Risk Alpha technical indicator for Low Duration Bond Institutional. Values may reflect normalized price or volume observations.
Low Duration Bond Institutional has current Total Risk Alpha of 0.0046. 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] |
| = | 0.0046 | |
| ER[a] | = | Expected return on investing in Low Duration |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Low Duration |
| 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
Low Duration Bond Institutional is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
83.87 of Maximum Drawdown per Total Risk Alpha. At
83.87 , Low Duration Bond Institutional'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 Low Duration to Peers
Other Technical Indicators