Morningstar Global Total Risk Alpha
| MSTGX Fund | | | USD 9.90 0.07 0.71% |
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Morningstar Global Income has current Total Risk Alpha of 0.013. 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] |
| = | 0.013 | |
| ER[a] | = | Expected return on investing in Morningstar Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Morningstar Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Morningstar Global Total Risk Alpha Peers Comparison
Morningstar Total Risk Alpha Relative To Other Indicators
Morningstar Global Income is regarded
second largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
119.55 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Morningstar Global Income is roughly
119.55 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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