THE HARTFORD Total Risk Alpha
| HIPAX Fund | | | USD 10.34 0.02 0.19% |
Observed values used to calculate the Total Risk Alpha technical indicator for The Hartford Inflation. Indicator inputs depend on available historical price observations.
The Hartford Inflation has current Total Risk Alpha of 0.0132. 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] |
| = | 0.0132 | |
| ER[a] | = | Expected return on investing in THE HARTFORD |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on THE HARTFORD |
| 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
The Hartford Inflation is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
44.01 of Maximum Drawdown per Total Risk Alpha. At
44.01 , The Hartford Inflation'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 THE HARTFORD to Peers
Other Technical Indicators