Massmutual Select Total Risk Alpha
| MSPNXDelisted Fund | | | USD 8.54 0.00 0.00% |
This technical indicator view for Total Risk Alpha organizes signals for Massmutual Select Total and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Correlation Analysis to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. 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 inflation.
Massmutual Select Total has current Total Risk Alpha of 0.0227. 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] |
| = | 0.0227 | |
| ER[a] | = | Expected return on investing in Massmutual Select |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Massmutual Select |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Massmutual Select Total Risk Alpha Peers Comparison
Massmutual Total Risk Alpha Relative To Other Indicators
Massmutual Select Total maintains a
fourth in Total Risk Alpha in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
57.93 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Massmutual Select Total is roughly
57.93 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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