LoCorr Hedged Total Risk Alpha
| LHEAX Fund | | | 9.97 0.01 0.10% |
The Total Risk Alpha profile for Locorr Hedged Core is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. Diversification context is available through
Correlation Analysis. Diversification context helps frame allocation across holdings. Diversified allocation aims to distribute exposure across multiple positions. All metrics are derived from available inputs and shown for reference. This includes a position in Locorr Hedged Core. The position sits inside the allocation mix. 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 nation.
Locorr Hedged Core has current Total Risk Alpha of 0.1019. 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] |
| = | 0.1019 | |
| ER[a] | = | Expected return on investing in LoCorr Hedged |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LoCorr Hedged |
| 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
Locorr Hedged Core ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
23.96 of Maximum Drawdown per Total Risk Alpha. At
23.96 , Locorr Hedged Core'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 LoCorr Hedged to Peers
Other Technical Indicators