Avantis International Total Risk Alpha

AVDE Etf  USD 83.39  1.80  2.21%   
This module presents the Total Risk Alpha indicator for Avantis International Equity using available market inputs. Exchange-specific data schedules may affect the recency of readings. Trending Equities provides context for diversified portfolio construction. This view summarizes available data without implying outcomes. Monitoring Avantis International Equity within a portfolio highlights how it interacts with other holdings. All values are presented as reference data. Broader economic conditions can influence Avantis International Equity's etf valuation — related indicators include signals in unemployment.
Avantis International Equity has current Total Risk Alpha of 0.12. 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]

 = 
0.12
ER[a] = Expected return on investing in Avantis International
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Avantis International
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Avantis International Equity holds the #5 position for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near 45.43 .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Avantis International to Peers

Other Technical Indicators