Franklin Mutual Total Risk Alpha
| TEDIX Fund | | | USD 30.17 -0.61 -1.98% |
The Total Risk Alpha technical lookup provides context for Franklin Mutual Global and related instruments. Coverage varies by data normalization and availability; see
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World Market Map provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Franklin Mutual Global within the portfolio mix. 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.
Franklin Mutual Global has current Total Risk Alpha of 0.0552. 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] |
| = | 0.0552 | |
| ER[a] | = | Expected return on investing in Franklin Mutual |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin Mutual |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Franklin Mutual Total Risk Alpha Peers Comparison
Franklin Total Risk Alpha Relative To Other Indicators
Franklin Mutual Global ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
64.67 of Maximum Drawdown per Total Risk Alpha. At
64.67 , Franklin Mutual Global'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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