COMMODITYREALRETURN Total Risk Alpha
| PCSRX Fund | | | USD 15.56 -0.02 -0.13% |
This technical indicator view for Total Risk Alpha organizes signals for Commodityrealreturn Strategy Fund and comparable instruments. Availability can vary by instrument;
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Commodityrealreturn Strategy Fund has current Total Risk Alpha of 0.3679. 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] |
| = | 0.3679 | |
| ER[a] | = | Expected return on investing in COMMODITYREALRETURN |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on COMMODITYREALRETURN |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
COMMODITYREALRETURN Total Risk Alpha Peers Comparison
COMMODITYREALRETURN Total Risk Alpha Relative To Other Indicators
Commodityrealreturn Strategy Fund ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
17.50 of Maximum Drawdown per Total Risk Alpha. At
17.50 , Commodityrealreturn Strategy Fund'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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