IG Mackenzie Total Risk Alpha
| 0P0000WJMR | | | CAD 15.30 0.06 0.39% |
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IG Mackenzie Dividend has current Total Risk Alpha of 0.0013. 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] |
| = | 0.0013 | |
| ER[a] | = | Expected return on investing in IG Mackenzie |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IG Mackenzie |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IG Mackenzie Total Risk Alpha Peers Comparison
0P0000WJMR Total Risk Alpha Relative To Other Indicators
IG Mackenzie Dividend is
fourth largest fund in total risk alpha among similar funds. It is rated
below average in maximum drawdown among similar funds reporting about
1,813 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for IG Mackenzie Dividend is roughly
1,813 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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