ULTRASHORT MID-CAP Total Risk Alpha
| UIPIX Fund | | | USD 24.09 0.08 0.33% |
The Total Risk Alpha technical lookup provides context for Ultrashort Mid Cap Profund and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
World Market Map provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Ultrashort Mid Cap Profund 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 gross domestic product.
Ultrashort Mid Cap Profund has current Total Risk Alpha of 0.0816. 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] |
| = | 0.0816 | |
| ER[a] | = | Expected return on investing in ULTRASHORT MID-CAP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ULTRASHORT MID-CAP |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ULTRASHORT MID-CAP Total Risk Alpha Peers Comparison
ULTRASHORT Total Risk Alpha Relative To Other Indicators
Ultrashort Mid Cap Profund is rated
fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
109.90 of Maximum Drawdown per Total Risk Alpha. At
109.90 , 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.
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