USAA Nasdaq Total Risk Alpha
| UINQX Fund | | | USD 57.36 -1.09 -1.86% |
The Total Risk Alpha profile for USAA Nasdaq 100 is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods.
World Market Map frames the approach to diversified portfolio design. The view supports a broader understanding of portfolio structure. The allocation includes a position in USAA Nasdaq 100. It is distributed across the allocation. 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 producer price index.
USAA Nasdaq 100 has current Total Risk Alpha of 0.0476. 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] |
| = | 0.0476 | |
| ER[a] | = | Expected return on investing in USAA Nasdaq |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on USAA Nasdaq |
| 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
USAA Nasdaq 100 is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
87.70 of Maximum Drawdown per Total Risk Alpha. At
87.70 , USAA Nasdaq 100'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 USAA Nasdaq to Peers
Other Technical Indicators