Pfg Br Total Risk Alpha

PFESX Fund  USD 16.44  -0.03  -0.18%   
This dataset for Pfg Br Equity reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. Your Equity Center provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. This suggests a position in Pfg Br Equity. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. All figures are based on reported data and are informational in nature. 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 population.
Pfg Br Equity has current Total Risk Alpha of 0.045. 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]

 = 
0.045
ER[a] = Expected return on investing in Pfg Br
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Pfg Br
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Pfg Br Equity is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 87.06 of Maximum Drawdown per Total Risk Alpha. At 87.06 , Pfg Br Equity'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. Compare Pfg Br to Peers

Other Technical Indicators