Spectrum Low Total Risk Alpha

This technical indicator view for Total Risk Alpha organizes signals for Spectrum Low Volatility and comparable instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. Review World Market Map to understand diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. 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 real.
  
Spectrum Low Volatility has current Total Risk Alpha of 0.0167. 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]

 = 
0.0167
ER[a] = Expected return on investing in Spectrum Low
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Spectrum Low
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Spectrum Low Total Risk Alpha Peers Comparison

Spectrum Total Risk Alpha Relative To Other Indicators

Spectrum Low Volatility is rated below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about 80.07 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Spectrum Low Volatility is roughly 80.07
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Spectrum Low to Peers

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas