T Rowe Total Risk Alpha

TBSIX Fund  USD 4.63  -0.01  -0.22%   
The Total Risk Alpha signal for T Rowe Price reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. World Market Map frames the approach to diversified portfolio design. The view supports a broader understanding of portfolio structure. The allocation includes a position in T Rowe Price. It is distributed across the allocation. The weighting is determined by the allocation framework in use. This information is provided for contextual purposes. 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 gross domestic product.
T Rowe Price has current Total Risk Alpha of 0.0164. 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]

 = 
0.0164
ER[a] = Expected return on investing in T Rowe
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on T Rowe
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

T Rowe Price is rated fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 52.62 of Maximum Drawdown per Total Risk Alpha. At 52.62 , T Rowe Price'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 T Rowe to Peers

Other Technical Indicators