PRAXIS SMALL Total Risk Alpha
| MMSIX Fund | | | USD 12.03 0.10 0.84% |
Reference data associated with the Total Risk Alpha technical indicator for Praxis Small Cap. Technical inputs may vary across markets and data providers.
Praxis Small Cap has current Total Risk Alpha of 0.2218. 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] |
| = | 0.2218 | |
| ER[a] | = | Expected return on investing in PRAXIS SMALL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PRAXIS SMALL |
| 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
Praxis Small Cap is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
45.97 of Maximum Drawdown per Total Risk Alpha. At
45.97 , Praxis Small Cap'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 PRAXIS SMALL to Peers
Other Technical Indicators