Voya Morgan Total Risk Alpha
| VPRDX Fund | | | USD 9.73 -0.09 -0.92% |
The Total Risk Alpha profile for Voya Morgan Stanley is based on historical price and volume observations. Normalization methods and data feeds may affect reported values. Use
World Market Map to explore diversified allocation structure. Understanding allocation structure supports portfolio context. A position in Voya Morgan Stanley is part of the allocation. 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 median.
Voya Morgan Stanley has current Total Risk Alpha of
-0.09. 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] |
| = | -0.09 | |
| ER[a] | = | Expected return on investing in Voya Morgan |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Voya Morgan |
| 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
Voya Morgan Stanley is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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