MULTIMANAGER LIFESTYLE Total Risk Alpha

JQLMX Fund  USD 12.50  -0.16  -1.26%   
The Total Risk Alpha reading for Multimanager Lifestyle Moderate is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Portfolio design and allocation context appear in Risk vs Return Analysis. Portfolio-level transparency adds depth to allocation analysis. Position sizing and allocation together define the portfolio construction approach. This includes a position in Multimanager Lifestyle Moderate. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. 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 board of governors.
Multimanager Lifestyle Moderate has current Total Risk Alpha of 0.115. 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]

 = 
0.115
ER[a] = Expected return on investing in MULTIMANAGER LIFESTYLE
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on MULTIMANAGER LIFESTYLE
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

Multimanager Lifestyle Moderate is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 41.93 of Maximum Drawdown per Total Risk Alpha. At 41.93 , Multimanager Lifestyle Moderate'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 MULTIMANAGER LIFESTYLE to Peers

Other Technical Indicators