RISING RATES Total Risk Alpha
| RRPIX Fund | | | USD 41.31 -0.14 -0.34% |
Reference data associated with the Total Risk Alpha technical indicator for Rising Rates Opportunity. Some instruments may provide partial coverage depending on trading history.
Rising Rates Opportunity has current Total Risk Alpha of 0.0819. 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] |
| = | 0.0819 | |
| ER[a] | = | Expected return on investing in RISING RATES |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on RISING RATES |
| 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
Rising Rates Opportunity is rated
second in total risk alpha among similar funds. It ranks first in maximum drawdown among similar funds reporting about
39.46 of Maximum Drawdown per Total Risk Alpha. At
39.46 , Rising Rates Opportunity'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 RISING RATES to Peers
Other Technical Indicators