MASSMUTUAL PREMIER Total Risk Alpha
| MDBFX Fund | | | USD 8.26 -0.03 -0.36% |
The Total Risk Alpha indicator for Massmutual Premier Diversified is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings.
Correlation Analysis provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. The holding in Massmutual Premier Diversified represents an allocation. It is represented within the portfolio holdings. 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 price.
Massmutual Premier Diversified has current Total Risk Alpha of 0.0185. 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] |
| = | 0.0185 | |
| ER[a] | = | Expected return on investing in MASSMUTUAL PREMIER |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MASSMUTUAL PREMIER |
| 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
Massmutual Premier Diversified is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
45.39 of Maximum Drawdown per Total Risk Alpha. At
45.39 , Massmutual Premier Diversified'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 MASSMUTUAL PREMIER to Peers
Other Technical Indicators