VIRTUS KAR Total Risk Alpha
| PQSCX Fund | | | USD 22.12 0.15 0.68% |
Reference data associated with the Total Risk Alpha technical indicator for Virtus Kar Small Cap. Coverage may vary across instruments due to feed availability.
Virtus Kar Small Cap has current Total Risk Alpha of 0.1685. 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] |
| = | 0.1685 | |
| ER[a] | = | Expected return on investing in VIRTUS KAR |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VIRTUS KAR |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
VIRTUS KAR Total Risk Alpha Peers Comparison
VIRTUS Total Risk Alpha Relative To Other Indicators
Virtus Kar 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
46.65 of Maximum Drawdown per Total Risk Alpha. At
46.65 , Virtus Kar 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.
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