MID CAP Total Risk Alpha

AVUAX Fund  USD 14.85  -0.20  -1.33%   
The Total Risk Alpha profile for Mid Cap Value is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Use Trending Equities to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Allocation decisions are shaped by the composition and weighting of holdings. This reflects a position in Mid Cap Value. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
Mid Cap Value has current Total Risk Alpha of 0.0688. 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]

 = 
0.0688
ER[a] = Expected return on investing in MID CAP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on MID CAP
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

Mid Cap Value is rated third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 48.84 of Maximum Drawdown per Total Risk Alpha. At 48.84 , Mid Cap Value's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare MID CAP to Peers

Other Technical Indicators