Ellsworth Fund Total Risk Alpha
| XECFX Fund | | | USD 11.92 0.01 0.08% |
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Ellsworth Fund has current Total Risk Alpha of 0.1413. 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] |
| = | 0.1413 | |
| ER[a] | = | Expected return on investing in Ellsworth Fund |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ellsworth Fund |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Ellsworth Fund Total Risk Alpha Peers Comparison
Ellsworth Total Risk Alpha Relative To Other Indicators
Ellsworth Fund is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
31.51 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Ellsworth Fund is roughly
31.51 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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