Transamerica Emerging Total Risk Alpha

TEOJX Fund  USD 11.43  0.21  1.87%   
This dataset for Transamerica Emerging Markets reflects inputs used in the Total Risk Alpha calculation. This dataset is part of a broader indicator framework including Equity Screeners. World Market Map provides a view into diversified allocation design. All figures are based on reported data and are informational in nature. Transamerica Emerging Markets can be added to a watchlist or portfolio for position tracking. The information is presented without directional commentary. Broader economic conditions can influence Transamerica Emerging Markets's mutual fund valuation — related indicators include signals in bureau of economic analysis.
Transamerica Emerging Markets has current Total Risk Alpha of 0.2139. 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]

 = 
0.2139
ER[a] = Expected return on investing in Transamerica Emerging
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Transamerica Emerging
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 Emerging Markets is rated third in total risk alpha among similar funds. It is rated second in maximum drawdown among similar funds reporting about 34.10 of Maximum Drawdown per Total Risk Alpha. At 34.10 , Transamerica Emerging Markets'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 Transamerica Emerging to Peers

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