Western Asset Total Risk Alpha
| IGI Stock | | | USD 15.98 -0.08 -0.50% |
Historical market data for Western Asset Investment forms the basis of the Total Risk Alpha indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Western Asset has a market cap of 98.66 M. See
Risk vs Return Analysis for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. This includes a position in Western Asset Investment. The allocation reflects this within the position set. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Western Asset Investment has current Total Risk Alpha of 0.0059. 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] |
| = | 0.0059 | |
| ER[a] | = | Expected return on investing in Western Asset |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Western Asset |
| 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
Western Asset Investment is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
302.27 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
302.27 times for Western Asset Investment
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Western Asset to Peers
Other Technical Indicators