Neuberger Berman Total Risk Alpha
| NRCRX Fund | | | USD 8.84 -0.01 -0.11% |
The Total Risk Alpha technical lookup provides context for Neuberger Berman Core and related instruments. Availability can vary by instrument;
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Correlation Analysis provides context for diversified portfolio design. Broader allocation clarity strengthens diversification analysis. The allocation includes a position in Neuberger Berman Core within the allocation 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 producer price index.
Neuberger Berman Core has current Total Risk Alpha of 0.0039. 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] |
| = | 0.0039 | |
| 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 |
Neuberger Berman Total Risk Alpha Peers Comparison
Neuberger Total Risk Alpha Relative To Other Indicators
Neuberger Berman Core is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
284.74 of Maximum Drawdown per Total Risk Alpha. At
284.74 , Neuberger Berman Core'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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