GLG Intl Total Risk Alpha
| GLVIX Fund | | | USD 76.58 -1.44 -1.85% |
The Total Risk Alpha calculation for GLG Intl draws on price and volume history. The depth of trading history affects the precision of the indicator. Review
Risk vs Return Analysis for context on portfolio diversification. Portfolio construction reflects how positions are combined across holdings. This captures an allocation to Glg Intl Small. This is part of the broader portfolio composition. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.
Glg Intl Small has current Total Risk Alpha of
-0.05. 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] |
| = | -0.05 | |
| ER[a] | = | Expected return on investing in GLG Intl |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GLG Intl |
| 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
Glg Intl Small 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 GLG Intl to Peers
Other Technical Indicators