LIVE OAK Total Risk Alpha
| LOGSX Fund | | | USD 24.13 -0.03 -0.12% |
The Total Risk Alpha lookup presents technical context for Live Oak Health and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Correlation Analysis provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Live Oak Health within the portfolio 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 population.
Live Oak Health has current Total Risk Alpha of 0.0716. 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] |
| = | 0.0716 | |
| ER[a] | = | Expected return on investing in LIVE OAK |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LIVE OAK |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
LIVE OAK Total Risk Alpha Peers Comparison
LIVE Total Risk Alpha Relative To Other Indicators
Live Oak Health is ranked
fifth relative to mutual funds in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
58.47 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Live Oak Health is roughly
58.47 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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