Japan 2x Total Risk Alpha

RYJTX Fund  USD 112.65  1.61  1.45%   
Japan 2x total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Japan 2x Strategy 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
Japan 2x Strategy has current Total Risk Alpha of 0.0386. 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]) 
STD[a] / STD[b] 
ER[a] = Expected return on investing in Japan 2x
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Japan 2x
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Japan 2x Total Risk Alpha Peers Comparison

Japan Total Risk Alpha Relative To Other Indicators

Japan 2x Strategy is rated third largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  189.13  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Japan 2x Strategy is roughly  189.13 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Japan 2x to Peers

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