IVY ADVANTUS Total Risk Alpha
| IREIX Fund | | | USD 13.99 -0.06 -0.43% |
Technical inputs supporting the Total Risk Alpha indicator for Ivy Advantus Real are shown here. The information is based on observed market data across timeframes. Use
Risk vs Return Analysis to explore diversified allocation structure. Understanding allocation structure supports portfolio context. This reflects a position in Ivy Advantus Real. It is distributed across the allocation. 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 gross domestic product.
Ivy Advantus Real has current Total Risk Alpha of 0.1628. 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] |
| = | 0.1628 | |
| ER[a] | = | Expected return on investing in IVY ADVANTUS |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IVY ADVANTUS |
| 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 Advantus Real is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
20.22 of Maximum Drawdown per Total Risk Alpha. At
20.22 , Ivy Advantus Real'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 ADVANTUS to Peers
Other Technical Indicators