MULTI-MANAGER GLOBAL Total Risk Alpha
| NMMGX Fund | | | USD 10.86 -0.05 -0.46% |
MULTI-MANAGER GLOBAL total risk alpha lookup summarizes this and related technical indicators for Multi Manager Global Real. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Use
Correlation Analysis to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in Multi Manager Global Real 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 census.
Multi Manager Global Real has current Total Risk Alpha of 0.0948. 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] |
| = | 0.0948 | |
| ER[a] | = | Expected return on investing in MULTI-MANAGER GLOBAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MULTI-MANAGER GLOBAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
MULTI-MANAGER GLOBAL Total Risk Alpha Peers Comparison
MULTI-MANAGER Total Risk Alpha Relative To Other Indicators
Multi Manager Global Real is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
30.75 of Maximum Drawdown per Total Risk Alpha. At
30.75 , Multi Manager Global Real'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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