VY(R) CLARION Total Risk Alpha
| IVRSX Fund | | | USD 29.80 -0.06 -0.20% |
The Total Risk Alpha lookup presents technical context for Vy Clarion Real and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Risk vs Return Analysis provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Vy Clarion Real within the portfolio mix. 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 main economic indicators.
Vy Clarion Real has current Total Risk Alpha of 0.1309. 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] |
| = | 0.1309 | |
| ER[a] | = | Expected return on investing in VY(R) CLARION |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VY(R) CLARION |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
VY(R) CLARION Total Risk Alpha Peers Comparison
VY(R) Total Risk Alpha Relative To Other Indicators
Vy Clarion Real is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
23.89 of Maximum Drawdown per Total Risk Alpha. At
23.89 , Vy Clarion 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.
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