GOLDMAN SACHS Total Risk Alpha

GVIRX Fund  USD 18.15  -0.01  -0.06%   
This technical indicator view for Total Risk Alpha organizes signals for Goldman Sachs Equity and comparable instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. Review Risk vs Return Analysis to understand diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This suggests a position in Goldman Sachs Equity within the allocation view. 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 real.
  
Goldman Sachs Equity has current Total Risk Alpha of 0.1043. 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]

 = 
0.1043
ER[a] = Expected return on investing in GOLDMAN SACHS
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on GOLDMAN SACHS
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

GOLDMAN SACHS Total Risk Alpha Peers Comparison

GOLDMAN Total Risk Alpha Relative To Other Indicators

Goldman Sachs Equity currently holds the # 5 position in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about 70.14 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Goldman Sachs Equity is roughly 70.14
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare GOLDMAN SACHS to Peers

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