HCM Dynamic Total Risk Alpha
| HCMBX Fund | | | USD 10.71 0.06 0.56% |
Reference data associated with the Total Risk Alpha technical indicator for Hcm Dynamic Income. Indicator values reflect available price and volume data where applicable.
Hcm Dynamic Income has current Total Risk Alpha of 0.0695. 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] |
| = | 0.0695 | |
| ER[a] | = | Expected return on investing in HCM Dynamic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on HCM Dynamic |
| 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
Hcm Dynamic Income is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
39.23 of Maximum Drawdown per Total Risk Alpha. At
39.23 , Hcm Dynamic Income'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 HCM Dynamic to Peers
Other Technical Indicators