Nuveen Floating Total Risk Alpha
| JFR Fund | | | USD 7.30 -0.03 -0.41% |
The Total Risk Alpha lookup presents technical context for Nuveen Floating Rate and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Nuveen Floating has a market cap of 564.06 M, operating margin of 79.88%, ROE of -2.67%. Use
Risk vs Return Analysis to explore allocation context. This suggests a position in Nuveen Floating Rate across the allocation. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in census.
Nuveen Floating Rate has current Total Risk Alpha of
-0.02. 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] |
| = | -0.02 | |
| ER[a] | = | Expected return on investing in Nuveen Floating |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nuveen Floating |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Nuveen Floating Total Risk Alpha Peers Comparison
Nuveen Total Risk Alpha Relative To Other Indicators
Nuveen Floating Rate is rated
below average for total risk alpha across the fund category. It is currently under evaluation for maximum drawdown across the fund category .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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