SALIENT MLP Total Risk Alpha
| SMAPX Fund | | | USD 12.07 -0.08 -0.66% |
This technical indicator view for Total Risk Alpha organizes signals for Salient Mlp Energy and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. SALIENT MLP has P/E of 18.6. See
World Market Map for portfolio-level analysis. This suggests a position in Salient Mlp Energy across the allocation. 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 metropolitan statistical area.
Salient Mlp Energy has current Total Risk Alpha of 0.2508. 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] |
| = | 0.2508 | |
| ER[a] | = | Expected return on investing in SALIENT MLP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SALIENT MLP |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SALIENT MLP Total Risk Alpha Peers Comparison
SALIENT Total Risk Alpha Relative To Other Indicators
Salient Mlp Energy is evaluated as
second in Total Risk Alpha in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
13.45 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Salient Mlp Energy is roughly
13.45 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.