| TVRIX Fund | | | USD 20.38 0.04 0.20% |
Guggenheim Directional total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Guggenheim Directional Allocation 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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Guggenheim Directional Allocation has current Total Risk Alpha of 0.0136. 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] |
| = | 0.0136 | |
| ER[a] | = | Expected return on investing in Guggenheim Directional |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Guggenheim Directional |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Guggenheim Directional Total Risk Alpha Peers Comparison
Guggenheim Total Risk Alpha Relative To Other Indicators
Guggenheim Directional Allocation is rated
second largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
247.47 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Guggenheim Directional Allocation is roughly
247.47 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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