PIONEER EQUITY Total Risk Alpha
| PEQIX Fund | | | USD 24.95 0.02 0.08% |
The Total Risk Alpha technical lookup provides context for Pioneer Equity Income and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Your Equity Center provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Pioneer Equity Income within the portfolio mix. 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 gross domestic product.
Pioneer Equity Income has current Total Risk Alpha of 0.0806. 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] |
| = | 0.0806 | |
| ER[a] | = | Expected return on investing in PIONEER EQUITY |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PIONEER EQUITY |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PIONEER EQUITY Total Risk Alpha Peers Comparison
PIONEER Total Risk Alpha Relative To Other Indicators
Pioneer Equity Income ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
50.40 of Maximum Drawdown per Total Risk Alpha. At
50.40 , Pioneer Equity Income'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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