Gabelli Equity Total Risk Alpha

GAB Fund  USD 5.82  0.01  0.17%   
Gabelli Equity total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Gabelli Equity Trust 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
  
Gabelli Equity Trust has current Total Risk Alpha of 0.0087. 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] 
 = 
0.0087
ER[a] = Expected return on investing in Gabelli Equity
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Gabelli Equity
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Gabelli Equity Total Risk Alpha Peers Comparison

Gabelli Total Risk Alpha Relative To Other Indicators

Gabelli Equity Trust is rated # 4 fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  1,094  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Gabelli Equity Trust is roughly  1,094 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Gabelli Equity to Peers

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