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BMO Inter Total Risk Alpha

BMO
BITAX -- USA Fund  

USD 11.76  0.02  0.17%

BMO Inter total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for BMO Inter Tax Free Fund Class A 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 Equity Screeners to view more equity screening tools
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BMO Inter Tax Free Fund Class A has current Total Risk Alpha of 0.0357. 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] 
 = 
0.0357
ER[a] =   Expected return on investing in BMO Inter
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on BMO Inter
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

BMO Inter Tax Free Fund Class A is second largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  9.76  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for BMO Inter Tax Free Fund Class A is roughly  9.76 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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