GUGGENHEIM RISK Total Risk Alpha
| GURAX Fund | | | USD 33.60 -0.07 -0.21% |
GUGGENHEIM RISK total risk alpha lookup summarizes this and related technical indicators for Guggenheim Risk Managed. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Risk vs Return Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Guggenheim Risk Managed 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 nation.
Guggenheim Risk Managed has current Total Risk Alpha of 0.1214. 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] |
| = | 0.1214 | |
| ER[a] | = | Expected return on investing in GUGGENHEIM RISK |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GUGGENHEIM RISK |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
GUGGENHEIM RISK Total Risk Alpha Peers Comparison
GUGGENHEIM Total Risk Alpha Relative To Other Indicators
Guggenheim Risk Managed is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
24.29 of Maximum Drawdown per Total Risk Alpha. At
24.29 , Guggenheim Risk Managed'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.
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