SIT SMALL Total Risk Alpha

SDFSX Fund  USD 19.72  -0.37  -1.84%   
The Total Risk Alpha signal for Sit Small Cap reflects patterns observed in trading data. The Equity Screeners module supports multi-indicator technical analysis. Review World Market Map to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. Sit Small Cap can be added to a watchlist or portfolio for position tracking. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence Sit Small Cap's mutual fund valuation — related indicators include signals in main economic indicators.
Sit Small Cap has current Total Risk Alpha of 0.1535. 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]

 = 
0.1535
ER[a] = Expected return on investing in SIT SMALL
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SIT 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

Sit 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 35.21 of Maximum Drawdown per Total Risk Alpha. At 35.21 , Sit 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 SIT SMALL to Peers

Other Technical Indicators