ALTERNATIVE ASSET Total Risk Alpha
| JAAIX Fund | | | USD 17.12 -0.03 -0.17% |
The Total Risk Alpha calculation for ALTERNATIVE ASSET draws on price and volume history. Additional screening context is available through
Equity Screeners. Portfolio design and allocation context appear in
Risk vs Return Analysis. Position sizing and allocation together define the portfolio construction approach. A position in Alternative Asset Allocation is part of 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 various price indices.
Alternative Asset Allocation has current Total Risk Alpha of 0.067. 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] |
| = | 0.067 | |
| ER[a] | = | Expected return on investing in ALTERNATIVE ASSET |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ALTERNATIVE ASSET |
| 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
Alternative Asset Allocation is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
19.13 of Maximum Drawdown per Total Risk Alpha. At
19.13 , Alternative Asset Allocation'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 ALTERNATIVE ASSET to Peers
Other Technical Indicators