| FPAQX Fund | | | USD 8.98 0.02 0.22% |
Franklin Pennsylvania total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Franklin Pennsylvania Tax Free 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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Franklin Pennsylvania Tax Free has current Total Risk Alpha of
(0.03). 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] |
| = | (0.03) | |
| ER[a] | = | Expected return on investing in Franklin Pennsylvania |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin Pennsylvania |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Franklin Pennsylvania Total Risk Alpha Peers Comparison
Franklin Total Risk Alpha Relative To Other Indicators
Franklin Pennsylvania Tax Free is one of the top funds in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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