Target 2030 Total Risk Alpha
| TWRRX Fund | | | USD 14.76 -0.03 -0.20% |
The Total Risk Alpha reading for Target 2030 Fund is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Diversification context is available through
World Market Map. Diversification context helps frame allocation across holdings. Diversified allocation aims to distribute exposure across multiple positions. The data shown is informational and should not be interpreted as guidance. This includes a position in Target 2030 Fund. The position sits inside the allocation 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 main economic indicators.
Target 2030 Fund has current Total Risk Alpha of 0.1485. 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] |
| = | 0.1485 | |
| ER[a] | = | Expected return on investing in Target 2030 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Target 2030 |
| 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
Target 2030 Fund is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
41.97 of Maximum Drawdown per Total Risk Alpha. At
41.97 , Target 2030 Fund'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 Target 2030 to Peers
Other Technical Indicators