Sparinvest INDEX Total Risk Alpha

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Sparinvest INDEX Mellem has current Total Risk Alpha of 0.0223. 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]

 = 
0.0223
ER[a] = Expected return on investing in Sparinvest INDEX
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Sparinvest INDEX
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Sparinvest INDEX Total Risk Alpha Peers Comparison

Sparinvest Total Risk Alpha Relative To Other Indicators

Sparinvest INDEX Mellem is rated top fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  90.89  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Sparinvest INDEX Mellem is roughly  90.89 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Sparinvest INDEX to Peers

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