VIVALDI MERGER Total Risk Alpha

VARBX Fund  USD 10.62  0.02  0.19%   
This dataset for Vivaldi Merger Arbitrage reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Review World Market Map to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. A position in Vivaldi Merger Arbitrage is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. 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 bureau of labor statistics.
Vivaldi Merger Arbitrage has current Total Risk Alpha of 0.0089. 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]

 = 
0.0089
ER[a] = Expected return on investing in VIVALDI MERGER
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VIVALDI MERGER
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

Vivaldi Merger Arbitrage is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 31.91 of Maximum Drawdown per Total Risk Alpha. At 31.91 , Vivaldi Merger Arbitrage'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 VIVALDI MERGER to Peers

Other Technical Indicators