Neuberger Berman Total Risk Alpha
| NBCM Etf | | | USD 28.22 0.44 1.58% |
Reference data associated with the Total Risk Alpha technical indicator for Neuberger Berman Commodity. Technical inputs may vary across markets and data providers.
Neuberger Berman Commodity has current Total Risk Alpha of 0.4092. 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] |
| = | 0.4092 | |
| ER[a] | = | Expected return on investing in Neuberger Berman |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Neuberger Berman |
| 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
Neuberger Berman Commodity lands at
#2 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
17.65 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Neuberger Berman Commodity sits at
17.65 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Neuberger Berman to Peers
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