IVY EMERGING Total Risk Alpha

IPOAX Fund  USD 21.81  -0.66  -2.94%   
The Total Risk Alpha indicator for IVY EMERGING is constructed from normalized market data. All inputs reflect available trading data across supported markets. Risk vs Return Analysis provides a view into diversified allocation design. Diversification analysis considers the interaction of positions within a portfolio. Ivy Emerging Markets can be tracked within a custom portfolio for ongoing monitoring. This information is provided for contextual purposes. Broader economic conditions can influence Ivy Emerging Markets's mutual fund valuation — related indicators include signals in nation.
Ivy Emerging Markets has current Total Risk Alpha of 0.1887. 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]

 = 
0.1887
ER[a] = Expected return on investing in IVY EMERGING
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IVY EMERGING
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

Ivy Emerging Markets is rated second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 40.67 of Maximum Drawdown per Total Risk Alpha. At 40.67 , Ivy Emerging Markets'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 IVY EMERGING to Peers

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