Real Estate Total Risk Alpha
| PFRSX Fund | | | USD 28.25 -0.92 -3.15% |
The Total Risk Alpha calculation for Real Estate draws on price and volume history. Additional screening context is available through
Equity Screeners. Portfolio design and allocation context appear in
Your Equity Center. The view supports a broader understanding of portfolio structure. The portfolio reflects a holding in Real Estate Securities. The weighting is visible within the allocation breakdown. 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 real.
Real Estate Securities has current Total Risk Alpha of 0.119. 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] |
| = | 0.119 | |
| ER[a] | = | Expected return on investing in Real Estate |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Real Estate |
| 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
Real Estate Securities is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
29.70 of Maximum Drawdown per Total Risk Alpha. At
29.70 , Real Estate Securities'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 Real Estate to Peers
Other Technical Indicators