AMG MANAGERS Total Risk Alpha

MRESX Fund  USD 11.66  -0.40  -3.32%   
The Total Risk Alpha profile for Amg Managers Centersquare is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. The Equity Screeners framework provides wider technical analysis context. Review Correlation Analysis for context on portfolio diversification. The diversification view provides additional analytical depth. The allocation shows a weighting toward Amg Managers Centersquare. The position is captured in the allocation summary. 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.
Amg Managers Centersquare has current Total Risk Alpha of 0.1372. 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]

 = 
0.1372
ER[a] = Expected return on investing in AMG MANAGERS
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on AMG MANAGERS
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

Amg Managers Centersquare is rated fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 24.92 of Maximum Drawdown per Total Risk Alpha. At 24.92 , Amg Managers Centersquare'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 AMG MANAGERS to Peers

Other Technical Indicators