JANUS GLOBAL Total Risk Alpha
| JAWWX Fund | | | USD 118.61 0.54 0.46% |
Reference data associated with the Total Risk Alpha technical indicator for Janus Global Research. Coverage may vary across instruments due to feed availability.
Janus Global Research has current Total Risk Alpha of 0.0022. 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] |
| = | 0.0022 | |
| ER[a] | = | Expected return on investing in JANUS GLOBAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on JANUS GLOBAL |
| 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
Janus Global Research is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1,779 of Maximum Drawdown per Total Risk Alpha. At
1,779 , Janus Global Research'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 JANUS GLOBAL to Peers
Other Technical Indicators