Optimum Large Total Risk Alpha
| OILVX Fund | | | USD 20.27 0.04 0.20% |
The Total Risk Alpha lookup presents technical context for Optimum Large Cap and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context.
Your Equity Center provides context for diversified portfolio design. Clearer exposure analysis supports long-term portfolio balance. The allocation includes a position in Optimum Large Cap 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 private.
Optimum Large Cap has current Total Risk Alpha of 0.1615. 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] |
| = | 0.1615 | |
| ER[a] | = | Expected return on investing in Optimum Large |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Optimum Large |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Optimum Large Total Risk Alpha Peers Comparison
Optimum Total Risk Alpha Relative To Other Indicators
Optimum Large Cap maintains a
fourth in Total Risk Alpha in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
64.33 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Optimum Large Cap is roughly
64.33 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.