NUVEEN REAL Total Risk Alpha
| NRIFX Fund | | | USD 22.98 -0.10 -0.43% |
NUVEEN REAL total risk alpha lookup summarizes this and related technical indicators for Nuveen Real Asset. Coverage depends on data availability and normalization;
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Nuveen Real Asset has current Total Risk Alpha of 0.0754. 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] |
| = | 0.0754 | |
| ER[a] | = | Expected return on investing in NUVEEN REAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NUVEEN REAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NUVEEN REAL Total Risk Alpha Peers Comparison
NUVEEN Total Risk Alpha Relative To Other Indicators
Nuveen Real Asset is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
22.08 of Maximum Drawdown per Total Risk Alpha. At
22.08 , Nuveen Real Asset'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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