Nuveen Multi Total Risk Alpha
| JMM Fund | | | USD 5.83 0.01 0.17% |
The Total Risk Alpha reading for Nuveen Multi Mrkt is computed from historical trading observations. Normalization methods and data feeds may affect reported values. Nuveen Multi has a market cap of 59.9 M, operating margin of 70.7%, current ratio of 0.16.
Risk vs Return Analysis can help frame allocation decisions. Tracking Nuveen Multi Mrkt in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Nuveen Multi Mrkt's fund valuation — related indicators include
signals in state.
Nuveen Multi Mrkt has current Total Risk Alpha of 0.0097. 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] |
| = | 0.0097 | |
| ER[a] | = | Expected return on investing in Nuveen Multi |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nuveen Multi |
| 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
Nuveen Multi Mrkt is rated
below average in total risk alpha compared to similar funds. It is currently under evaluation in maximum drawdown compared to similar funds producing
285.70 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Nuveen Multi Mrkt sits at
285.70 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nuveen Multi to Peers
Other Technical Indicators