New Age Alpha LLC ("New Age Alpha") has licensed the Guggenheim RBP® Blended IndexSM, Guggenheim RBP® Large-Cap Defensive 100 IndexSM and the RBP® methodology from Guggenheim Partners Investment Management, LLC and its affiliates (collectively, "Guggenheim"). These index are created using rules-based, published analytics and rely on the RBP® methodology in their construction.
RBP®, which stands for Required Business Performance®, is calculated by taking third party valuation models including discounted cash flow to determine the future business performance required by a company to support its current stock price. RBP® probabilities intend to measure the likelihood that a company can deliver the required business performance identified by applying the methodology over specified time periods.