CLEARBRIDGE APPRECIATION Total Risk Alpha

SAPCX Fund  USD 31.39  0.31  1.00%   
The Total Risk Alpha indicator for CLEARBRIDGE APPRECIATION is constructed from normalized market data. The Equity Screeners module supports multi-indicator technical analysis. Portfolio design and allocation context appear in World Market Map. All values are presented as reference data. Tracking Clearbridge Appreciation Fund in a portfolio helps measure its contribution to overall performance. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Clearbridge Appreciation Fund's mutual fund valuation — related indicators include signals in discontinued.
Clearbridge Appreciation Fund has current Total Risk Alpha of 0.0035. 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]

 = 
0.0035
ER[a] = Expected return on investing in CLEARBRIDGE APPRECIATION
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on CLEARBRIDGE APPRECIATION
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

Clearbridge Appreciation Fund is rated fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 899.94 of Maximum Drawdown per Total Risk Alpha. At 899.94 , Clearbridge Appreciation Fund'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 CLEARBRIDGE APPRECIATION to Peers

Other Technical Indicators