LONG/SHORT PORTFOLIO Total Risk Alpha
| GTAPX Fund | | | USD 13.17 0.07 0.53% |
The Total Risk Alpha signal for Longshort Portfolio Longshort reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals.
Risk vs Return Analysis provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. The holding in Longshort Portfolio Longshort represents an allocation. This is situated within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Longshort Portfolio Longshort has current Total Risk Alpha of 0.0838. 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] |
| = | 0.0838 | |
| ER[a] | = | Expected return on investing in LONG/SHORT PORTFOLIO |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LONG/SHORT PORTFOLIO |
| 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
Longshort Portfolio Longshort is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
27.03 of Maximum Drawdown per Total Risk Alpha. At
27.03 , Longshort Portfolio Longshort'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 LONG/SHORT PORTFOLIO to Peers
Other Technical Indicators