TRANSAMERICA Total Risk Alpha
| TDEIX Fund | | | USD 31.49 -0.44 -1.38% |
Reference data associated with the Total Risk Alpha technical indicator for Transamerica Growth I. Indicator inputs depend on available historical price observations.
Transamerica Growth I has current Total Risk Alpha of
-0.03. 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] |
| = | -0.03 | |
| ER[a] | = | Expected return on investing in TRANSAMERICA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TRANSAMERICA |
| 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
Transamerica Growth I is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare TRANSAMERICA to Peers
Other Technical Indicators