Income Fund Total Risk Alpha
| UIINX Fund | | | USD 11.63 -0.02 -0.17% |
This technical indicator view for Total Risk Alpha organizes signals for Income Fund Income and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
World Market Map to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Income Fund Income within the portfolio 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 inflation.
Income Fund Income has current Total Risk Alpha of 0.005. 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] |
| = | 0.005 | |
| ER[a] | = | Expected return on investing in Income Fund |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Income Fund |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Income Fund Total Risk Alpha Peers Comparison
Income Total Risk Alpha Relative To Other Indicators
Income Fund Income is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
187.80 of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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