TARGET MANAGED Total Risk Alpha
| UTMAX Fund | | | USD 11.36 -0.11 -0.96% |
TARGET MANAGED total risk alpha lookup summarizes this and related technical indicators for Target Managed Allocation. Coverage varies by data normalization and availability; see
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Target Managed Allocation has current Total Risk Alpha of 0.0801. 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] |
| = | 0.0801 | |
| ER[a] | = | Expected return on investing in TARGET MANAGED |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TARGET MANAGED |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
TARGET MANAGED Total Risk Alpha Peers Comparison
TARGET Total Risk Alpha Relative To Other Indicators
Target Managed Allocation is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
56.02 of Maximum Drawdown per Total Risk Alpha. At
56.02 , Target Managed Allocation'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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