ASIA OPPORTUNITY Total Risk Alpha

MSAQX Fund  USD 20.06  -0.63  -3.04%   
Observed values used in the Total Risk Alpha indicator for Asia Opportunity Portfolio are included in this dataset. The information is based on observed market data across timeframes. Data coverage may vary across sources and reporting intervals. Comparable indicator datasets are structured within Equity Screeners. Use Correlation Analysis to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. This dataset reflects observed data and is not advisory in nature. This captures an allocation to Asia Opportunity Portfolio. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. The dataset reflects available inputs without directional implication. 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 producer price index.
Asia Opportunity Portfolio has current Total Risk Alpha of 0.0666. 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]

 = 
0.0666
ER[a] = Expected return on investing in ASIA OPPORTUNITY
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ASIA OPPORTUNITY
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

Asia Opportunity Portfolio is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 130.21 of Maximum Drawdown per Total Risk Alpha. At 130.21 , Asia Opportunity Portfolio'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 ASIA OPPORTUNITY to Peers

Other Technical Indicators