HENDERSON EUROPEAN Total Risk Alpha

HFEIX Fund  USD 55.44  -1.58  -2.77%   
Technical inputs supporting the Total Risk Alpha indicator for Henderson European Focus are shown here. Availability can differ across markets, exchanges, and instruments. Portfolio design and allocation context appear in Risk vs Return Analysis. Portfolio-level transparency adds depth to allocation analysis. The allocation shows a weighting toward Henderson European Focus. Each holding is sized according to the methodology applied to the portfolio. 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 gross domestic product.
Henderson European Focus has current Total Risk Alpha of 0.002. 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]

 = 
0.002
ER[a] = Expected return on investing in HENDERSON EUROPEAN
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on HENDERSON EUROPEAN
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

Henderson European Focus is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 2,699 of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare HENDERSON EUROPEAN to Peers

Other Technical Indicators