Advantage Portfolio Total Risk Alpha

MPAIX Fund  USD 25.33  0.22  0.86%   
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Advantage Portfolio Class has current Total Risk Alpha of 0.2909. 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]

 = 
0.2909
ER[a] = Expected return on investing in Advantage Portfolio
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Advantage Portfolio
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Advantage Portfolio Total Risk Alpha Peers Comparison

Advantage Total Risk Alpha Relative To Other Indicators

Advantage Portfolio Class is number one fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  22.32  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Advantage Portfolio Class is roughly  22.32 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Advantage Portfolio to Peers

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