| FLOAX Fund | | | USD 10.05 0.01 0.1% |
Power Floating total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Power Floating Rate 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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Power Floating Rate has current Total Risk Alpha of 0.0141. 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] |
| = | 0.0141 | |
| ER[a] | = | Expected return on investing in Power Floating |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Power Floating |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Power Floating Total Risk Alpha Peers Comparison
Power Total Risk Alpha Relative To Other Indicators
Power Floating Rate is rated
below average in total risk alpha among similar funds. It is rated
below average in maximum drawdown among similar funds reporting about
21.55 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Power Floating Rate is roughly
21.55 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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