MINT Income Total Risk Alpha
| MID-UN Stock | | | CAD 7.40 -0.15 -1.99% |
Observed values used to calculate the Total Risk Alpha technical indicator for MINT Income Fund. Availability may differ across exchanges, markets, and reporting intervals.
MINT Income Fund has current Total Risk Alpha of
-0.01. 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] |
| = | -0.01 | |
| ER[a] | = | Expected return on investing in MINT Income |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MINT Income |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
MINT Income Total Risk Alpha Peers Comparison
MINT Total Risk Alpha Relative To Other Indicators
MINT Income Fund is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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