Locorr Strategic Total Risk Alpha
| LSAIX Fund | | | 10.48 -0.05 -0.47% |
The Total Risk Alpha calculation for Locorr Strategic draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Review
Correlation Analysis to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. Locorr Strategic Allocation can be tracked within a custom portfolio for ongoing monitoring. All values are based on available data and provided as reference information. Broader economic conditions can influence Locorr Strategic Allocation's mutual fund valuation — related indicators include
signals in gross domestic product.
Locorr Strategic Allocation has current Total Risk Alpha of 0.052. 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] |
| = | 0.052 | |
| ER[a] | = | Expected return on investing in Locorr Strategic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Locorr Strategic |
| 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 Strategic Allocation is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
56.73 of Maximum Drawdown per Total Risk Alpha. At
56.73 , Locorr Strategic Allocation'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 Strategic to Peers
Other Technical Indicators