VERSATILE BOND Total Risk Alpha

PRVHX Fund  USD 63.21  -0.05  -0.08%   
This module presents the Total Risk Alpha indicator for Versatile Bond Portfolio using available market inputs. The underlying data comes from exchange-reported trading records. Diversification context is available through Your Equity Center. Allocation context can improve visibility into portfolio balance. Tracking Versatile Bond Portfolio in a portfolio provides context for performance attribution. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Versatile Bond Portfolio's mutual fund valuation — related indicators include signals in rate.
Versatile Bond Portfolio has current Total Risk Alpha of -0.01. 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]

 = 
-0.01
ER[a] = Expected return on investing in VERSATILE BOND
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VERSATILE BOND
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

Versatile Bond Portfolio 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. Compare VERSATILE BOND to Peers

Other Technical Indicators