| ATVPX Fund | | | USD 18.18 0.26 1.41% |
Alger 35 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Alger 35 Fund or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Alger 35 Fund has current Total Risk Alpha of 0.2331. 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] |
| = | 0.2331 | |
| ER[a] | = | Expected return on investing in Alger 35 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alger 35 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Alger 35 Total Risk Alpha Peers Comparison
Alger Total Risk Alpha Relative To Other Indicators
Alger 35 Fund is the top fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
27.33 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Alger 35 Fund is roughly
27.33 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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