Coronation Capital Total Risk Alpha

0P0000IR6J   57.57  0.11  0.19%   
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Coronation Capital Plus has current Total Risk Alpha of 0.0254. 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]

 = 
0.0254
ER[a] = Expected return on investing in Coronation Capital
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Coronation Capital
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Coronation Capital Total Risk Alpha Peers Comparison

Coronation Total Risk Alpha Relative To Other Indicators

Coronation Capital Plus is second largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  98.68  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Coronation Capital Plus is roughly  98.68 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Coronation Capital to Peers

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