Fisher Large Total Risk Alpha
| ILESXDelisted Fund | | | USD 10.60 0.00 0.00% |
Observed values used to calculate the Total Risk Alpha technical indicator for Fisher Large Cap. Coverage may vary across instruments due to feed availability.
Fisher Large Cap has current Total Risk Alpha of 0.2911. 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] |
| = | 0.2911 | |
| ER[a] | = | Expected return on investing in Fisher Large |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fisher Large |
| 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
Fisher Large Cap is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
20.08 of Maximum Drawdown per Total Risk Alpha. At
20.08 , Fisher Large Cap'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.
Other Technical Indicators