ULTRASHORT MID Total Risk Alpha
| UIPIX Fund | | | USD 23.78 0.12 0.51% |
This module presents the Total Risk Alpha indicator for Ultrashort Mid Cap Profund using available market inputs. Coverage differences may occur across instruments and market segments.
World Market Map frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio tools allow users to monitor Ultrashort Mid Cap Profund alongside other positions. The information is presented without directional commentary. Broader economic conditions can influence Ultrashort Mid Cap Profund's mutual fund valuation — related indicators include
signals in gross domestic product.
Ultrashort Mid Cap Profund has current Total Risk Alpha of 0.1263. 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] |
| = | 0.1263 | |
| ER[a] | = | Expected return on investing in ULTRASHORT MID |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ULTRASHORT MID |
| 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
Ultrashort Mid Cap Profund is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
71.00 of Maximum Drawdown per Total Risk Alpha. At
71.00 , Ultrashort Mid Cap Profund'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 ULTRASHORT MID to Peers
Other Technical Indicators