VICTORY HIGH Total Risk Alpha
| GUHYX Fund | | | USD 5.45 0.01 0.18% |
Reference data associated with the Total Risk Alpha technical indicator for Victory High Yield. Some instruments may provide partial coverage depending on trading history.
Victory High Yield has current Total Risk Alpha of 0.0038. 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] |
| = | 0.0038 | |
| ER[a] | = | Expected return on investing in VICTORY HIGH |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VICTORY HIGH |
| 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
Victory High Yield is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
335.89 of Maximum Drawdown per Total Risk Alpha. At
335.89 , Victory High Yield'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 VICTORY HIGH to Peers
Other Technical Indicators