Shelton Funds Total Risk Alpha
| NQQQX Fund | | | USD 43.62 0.52 1.21% |
The Total Risk Alpha reading for Shelton Funds is computed from historical trading observations. Normalization methods and data feeds may affect reported values. Use
Correlation Analysis to explore diversified allocation structure. The dataset reflects available inputs without directional implication. Portfolio tools allow users to monitor Shelton Funds alongside other positions. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Shelton Funds 's mutual fund valuation — related indicators include
signals in producer price index.
Shelton Funds has current Total Risk Alpha of 0.0198. 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] |
| = | 0.0198 | |
| ER[a] | = | Expected return on investing in Shelton Funds |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Shelton Funds |
| 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
Shelton Funds is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
211.86 of Maximum Drawdown per Total Risk Alpha. At
211.86 , Shelton Funds '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.
Compare Shelton Funds to Peers
Other Technical Indicators