| DBALX Fund | | | USD 13.65 0.02 0.15% |
Davenport Balanced total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Davenport Balanced Income 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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Davenport Balanced Income has current Total Risk Alpha of 0.0051. 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] |
| = | 0.0051 | |
| ER[a] | = | Expected return on investing in Davenport Balanced |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Davenport Balanced |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Davenport Balanced Total Risk Alpha Peers Comparison
Davenport Total Risk Alpha Relative To Other Indicators
Davenport Balanced Income is one of the top funds in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
308.53 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Davenport Balanced Income is roughly
308.53 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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