Tax-Free Conservative Total Risk Alpha
| TFCYX Fund | | | USD 10.02 0.00 0.00% |
This module presents the Total Risk Alpha indicator for Tax Free Conservative using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. The holding in Tax Free Conservative represents an allocation. It is represented within the portfolio holdings. 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 private.
Tax Free Conservative has current Total Risk Alpha of 0.0027. 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] |
| = | 0.0027 | |
| ER[a] | = | Expected return on investing in Tax-Free Conservative |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tax-Free Conservative |
| 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
Tax Free Conservative is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
111.30 of Maximum Drawdown per Total Risk Alpha. At
111.30 , Tax Free Conservative'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 Tax-Free Conservative to Peers
Other Technical Indicators