Rockefeller New Total Risk Alpha
| RMNY Etf | | | 24.55 0.03 0.12% |
Reference data associated with the Total Risk Alpha technical indicator for Rockefeller New York. Values may reflect normalized price or volume observations.
Rockefeller New York has current Total Risk Alpha of 0.0146. 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] |
| = | 0.0146 | |
| ER[a] | = | Expected return on investing in Rockefeller New |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Rockefeller New |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Rockefeller New Total Risk Alpha Peers Comparison
Rockefeller Total Risk Alpha Relative To Other Indicators
Rockefeller New York is rated
below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
50.33 of Maximum Drawdown per Total Risk Alpha. At
50.33 , Rockefeller New York'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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