LIMITED TERM Total Risk Alpha
| LTEFX Fund | | | USD 15.67 -0.03 -0.19% |
Observed values used to calculate the Total Risk Alpha technical indicator for Limited Term Tax. Certain instruments may report limited data depending on market coverage.
Limited Term Tax has current Total Risk Alpha of 0.0184. 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] |
| = | 0.0184 | |
| ER[a] | = | Expected return on investing in LIMITED TERM |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LIMITED TERM |
| 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
Limited Term Tax is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
37.90 of Maximum Drawdown per Total Risk Alpha. At
37.90 , Limited Term Tax'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 LIMITED TERM to Peers
Other Technical Indicators