| HHCAX Fund | | | USD 15.78 0.04 0.25% |
Highland Long/short total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Highland Longshort Healthcare 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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Highland Longshort Healthcare has current Total Risk Alpha of 0.0078. 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] |
| = | 0.0078 | |
| ER[a] | = | Expected return on investing in Highland Long/short |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Highland Long/short |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Highland Long/short Total Risk Alpha Peers Comparison
HIGHLAND Total Risk Alpha Relative To Other Indicators
Highland Longshort Healthcare is rated
# 2 fund in total risk alpha among similar funds. It is rated
below average in maximum drawdown among similar funds reporting about
105.58 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Highland Longshort Healthcare is roughly
105.58 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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