SP MIDCAP Total Risk Alpha

RYAVX Fund  USD 77.03  0.67  0.88%   
Reference data associated with the Total Risk Alpha technical indicator for Sampp Midcap 400. Indicator values reflect available price and volume data where applicable.
Sampp Midcap 400 has current Total Risk Alpha of 4.0E-4. 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]

 = 
4.0E-4
ER[a] = Expected return on investing in SP MIDCAP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SP MIDCAP
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

Sampp Midcap 400 is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 13,218 of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare SP MIDCAP to Peers

Other Technical Indicators