Deutsche Small Total Risk Alpha
| SSDIX Fund | | | USD 36.68 0.29 0.80% |
Observed values used to calculate the Total Risk Alpha technical indicator for Deutsche Small Cap. Coverage may vary across instruments due to feed availability.
Deutsche Small Cap has current Total Risk Alpha of 0.0693. 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] |
| = | 0.0693 | |
| ER[a] | = | Expected return on investing in Deutsche Small |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Deutsche Small |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Deutsche Small Total Risk Alpha Peers Comparison
Deutsche Total Risk Alpha Relative To Other Indicators
Deutsche Small Cap is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
119.63 of Maximum Drawdown per Total Risk Alpha. At
119.63 , Deutsche Small Cap'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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