| TVRRX Fund | | | USD 88.95 0.38 0.43% |
Thornburg Value total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Thornburg Value 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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Thornburg Value Fund has current Total Risk Alpha of 0.0889. 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] |
| = | 0.0889 | |
| ER[a] | = | Expected return on investing in Thornburg Value |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Thornburg Value |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Thornburg Value Total Risk Alpha Peers Comparison
Thornburg Total Risk Alpha Relative To Other Indicators
Thornburg Value Fund is rated top fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
70.03 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Thornburg Value Fund is roughly
70.03 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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