AGGRESSIVE GROWTH Total Risk Alpha
| PAGRX Fund | | | USD 142.68 -1.04 -0.72% |
This technical indicator view for Total Risk Alpha organizes signals for Aggressive Growth Portfolio and comparable instruments. Availability can vary by instrument;
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Aggressive Growth Portfolio has current Total Risk Alpha of 0.0511. 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] |
| = | 0.0511 | |
| ER[a] | = | Expected return on investing in AGGRESSIVE GROWTH |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AGGRESSIVE GROWTH |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
AGGRESSIVE GROWTH Total Risk Alpha Peers Comparison
AGGRESSIVE Total Risk Alpha Relative To Other Indicators
Aggressive Growth Portfolio is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
124.28 of Maximum Drawdown per Total Risk Alpha. At
124.28 , Aggressive Growth Portfolio'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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