T Rowe Total Risk Alpha

TRRDX Fund  USD 34.31  0.28  0.82%   
The Total Risk Alpha profile for T Rowe Price is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Review World Market Map for context on portfolio diversification. This view summarizes available data without implying outcomes. Tracking T Rowe Price in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence T Rowe Price's mutual fund valuation — related indicators include signals in unemployment.
T Rowe Price has current Total Risk Alpha of 0.0556. 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]

 = 
0.0556
ER[a] = Expected return on investing in T Rowe
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on T Rowe
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

T Rowe Price is rated fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 66.82 of Maximum Drawdown per Total Risk Alpha. At 66.82 , T Rowe Price'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 T Rowe to Peers

Other Technical Indicators