Rational/RGN Hedged Total Risk Alpha
| RNEIX Fund | | | 12.01 -0.07 -0.58% |
Technical inputs supporting the Total Risk Alpha indicator for Rationalrgn Hedged Equity are shown here. Coverage differences may occur across instruments and market segments. Portfolio design and allocation context appear in
Your Equity Center. The view supports a broader understanding of portfolio structure. A position in Rationalrgn Hedged Equity appears within the mix. The allocation reflects this within the position set. 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 gross domestic product.
Rationalrgn Hedged Equity has current Total Risk Alpha of 0.2116. 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] |
| = | 0.2116 | |
| ER[a] | = | Expected return on investing in Rational/RGN Hedged |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Rational/RGN Hedged |
| 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
Rationalrgn Hedged Equity is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
22.29 of Maximum Drawdown per Total Risk Alpha. At
22.28 , Rationalrgn Hedged Equity'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 Rational/RGN Hedged to Peers
Other Technical Indicators