Mfs Mid Total Risk Alpha
| MVCAX Fund | | | USD 30.99 -0.61 -1.93% |
Mfs Mid total risk alpha lookup summarizes this and related technical indicators for Mfs Mid Cap. Coverage varies by data normalization and availability; see
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signals in nation.
Mfs Mid Cap has current Total Risk Alpha of 0.0512. 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] |
| = | 0.0512 | |
| ER[a] | = | Expected return on investing in Mfs Mid |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Mfs Mid |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Mfs Mid Total Risk Alpha Peers Comparison
Mfs Total Risk Alpha Relative To Other Indicators
Mfs Mid Cap maintains a
fifth in Total Risk Alpha in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
78.29 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mfs Mid Cap is roughly
78.29 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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