DAVIS GOVERNMENT Total Risk Alpha
| RFBAX Fund | | | USD 5.16 -0.01 -0.19% |
The Total Risk Alpha profile for Davis Government Bond is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Portfolio design and allocation context appear in
Your Equity Center. Portfolio-level transparency adds depth to allocation analysis. Davis Government Bond can be included in a portfolio to evaluate diversification impact. Diversification analysis reveals overlap and concentration across holdings. Broader economic conditions can influence Davis Government Bond's mutual fund valuation — related indicators include
signals in nation.
Davis Government Bond has current Total Risk Alpha of 0.0071. 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] |
| = | 0.0071 | |
| ER[a] | = | Expected return on investing in DAVIS GOVERNMENT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on DAVIS GOVERNMENT |
| 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
Davis Government Bond is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
82.10 of Maximum Drawdown per Total Risk Alpha. At
82.10 , Davis Government Bond'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 DAVIS GOVERNMENT to Peers
Other Technical Indicators