TOUCHSTONE SUSTAINABILITY Total Risk Alpha

TIQIX Fund  USD 31.23  -0.77  -2.41%   
The Total Risk Alpha indicator for Touchstone Sustainability And is derived from observed market data. Broader indicator relationships are reflected within Equity Screeners. World Market Map provides context for diversified portfolio design. All metrics are derived from available inputs and shown for reference. Including Touchstone Sustainability And in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Touchstone Sustainability And's mutual fund valuation — related indicators include signals in gross domestic product.
Touchstone Sustainability And has current Total Risk Alpha of 0.0815. 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]

 = 
0.0815
ER[a] = Expected return on investing in TOUCHSTONE SUSTAINABILITY
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on TOUCHSTONE SUSTAINABILITY
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

Touchstone Sustainability And is rated fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 66.18 of Maximum Drawdown per Total Risk Alpha. At 66.18 , Touchstone Sustainability And'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 TOUCHSTONE SUSTAINABILITY to Peers

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