NASDAQ-100 INDEX Total Risk Alpha
| NDXKX Fund | | | USD 40.37 -0.99 -2.39% |
The Total Risk Alpha signal for Nasdaq 100 Index Fund reflects patterns observed in trading data. The
Equity Screeners module supports multi-indicator technical analysis. Diversification context is available through
Correlation Analysis. Diversification context helps frame allocation across holdings. Portfolio analysis tools can evaluate how Nasdaq 100 Index Fund fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Nasdaq 100 Index Fund's mutual fund valuation — related indicators include
signals in industry.
Nasdaq 100 Index Fund has current Total Risk Alpha of
-0.02. 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] |
| = | -0.02 | |
| ER[a] | = | Expected return on investing in NASDAQ-100 INDEX |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NASDAQ-100 INDEX |
| 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
Nasdaq 100 Index Fund is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare NASDAQ-100 INDEX to Peers
Other Technical Indicators