Gmo International Total Risk Alpha
| IOVFX Fund | | | 17.03 -0.39 -2.24% |
The Total Risk Alpha signal for Gmo International Opportunistic reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals.
Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. This suggests a position in Gmo International Opportunistic. Position weights are derived from the portfolio construction methodology. 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 price.
Gmo International Opportunistic has current Total Risk Alpha of 0.186. 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] |
| = | 0.186 | |
| ER[a] | = | Expected return on investing in Gmo International |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Gmo International |
| 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
Gmo International Opportunistic is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
24.15 of Maximum Drawdown per Total Risk Alpha. At
24.15 , Gmo International Opportunistic'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 Gmo International to Peers
Other Technical Indicators