PIMCO HIGH Total Risk Alpha
| PHSPX Fund | | | USD 9.26 -0.02 -0.22% |
This technical indicator view for Total Risk Alpha organizes signals for PIMCO High Yield and comparable instruments. Some instruments may have limited coverage due to data differences;
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PIMCO High Yield has current Total Risk Alpha of
-0.0009. 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] |
| = | -0.0009 | |
| ER[a] | = | Expected return on investing in PIMCO HIGH |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PIMCO HIGH |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PIMCO HIGH Total Risk Alpha Peers Comparison
PIMCO Total Risk Alpha Relative To Other Indicators
PIMCO High Yield is rated
below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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