AMCAP FUND Total Risk Alpha
| RAFFX Fund | | | USD 43.55 -0.71 -1.60% |
Historical market data for Amcap Fund Class forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Diversification context is available through
Your Equity Center. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. The dataset is presented as structured reference material for independent review. The allocation shows a weighting toward Amcap Fund Class. 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 price.
Amcap Fund Class has current Total Risk Alpha of
-0.04. 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] |
| = | -0.04 | |
| ER[a] | = | Expected return on investing in AMCAP FUND |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AMCAP FUND |
| 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
Amcap Fund Class is rated
fifth 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 AMCAP FUND to Peers
Other Technical Indicators