Meridian Trarian Total Risk Alpha
| MVALX Fund | | | USD 39.33 -0.72 -1.80% |
The Total Risk Alpha signal for Meridian Trarian Fund reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data. Use
Correlation Analysis to explore diversified allocation structure. The overall portfolio profile is shaped by the distribution of its holdings. A position in Meridian Trarian Fund is part of the allocation. This appears in the portfolio view. 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 board of governors.
Meridian Trarian Fund has current Total Risk Alpha of 0.4587. 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] |
| = | 0.4587 | |
| ER[a] | = | Expected return on investing in Meridian Trarian |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Meridian Trarian |
| 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
Meridian Trarian Fund is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
38.79 of Maximum Drawdown per Total Risk Alpha. At
38.79 , Meridian Trarian Fund'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.
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