MFS Active Total Risk Alpha
| MFSI Etf | | | 28.88 -0.85 -2.86% |
This module presents the Total Risk Alpha indicator for MFS Active International using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. Use
Correlation Analysis to explore diversified allocation structure. Understanding allocation structure supports portfolio context. The overall portfolio profile is shaped by the distribution of its holdings. The allocation includes a position in MFS Active International. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in population.
MFS Active International has current Total Risk Alpha of 0.0578. 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] |
| = | 0.0578 | |
| ER[a] | = | Expected return on investing in MFS Active |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MFS Active |
| 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
MFS Active International places
fifth for total risk alpha across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
96.92 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
96.92 times for MFS Active International
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare MFS Active to Peers
Other Technical Indicators