PIONEER STRATEGIC Total Risk Alpha
| STRKX Fund | | | USD 9.73 -0.06 -0.61% |
The Total Risk Alpha calculation for PIONEER STRATEGIC draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Use
World Market Map to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. The allocation includes a position in Pioneer Strategic Income. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. Reported data is organized for reference and is not a recommendation. 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 industry.
Pioneer Strategic Income has current Total Risk Alpha of 0.0134. 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] |
| = | 0.0134 | |
| ER[a] | = | Expected return on investing in PIONEER STRATEGIC |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PIONEER STRATEGIC |
| 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
Pioneer Strategic Income is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
75.89 of Maximum Drawdown per Total Risk Alpha. At
75.89 , Pioneer Strategic Income'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 PIONEER STRATEGIC to Peers
Other Technical Indicators