PACE INTERMEDIATE Total Risk Alpha
| PIFAX Fund | | | USD 10.50 -0.01 -0.1% |
This technical indicator view for Total Risk Alpha organizes signals for Pace Intermediate Fixed and comparable instruments. Availability can vary by instrument;
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Pace Intermediate Fixed has current Total Risk Alpha of 0.0053. 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] |
| = | 0.0053 | |
| ER[a] | = | Expected return on investing in PACE INTERMEDIATE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PACE INTERMEDIATE |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PACE INTERMEDIATE Total Risk Alpha Peers Comparison
PACE Total Risk Alpha Relative To Other Indicators
Pace Intermediate Fixed is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
178.19 of Maximum Drawdown per Total Risk Alpha. At
178.19 , Pace Intermediate Fixed'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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