VANGUARD CONSUMER Total Risk Alpha

VCDAX Fund  USD 188.71  1.89  1.01%   
The Total Risk Alpha profile for Vanguard Sumer Discretionary is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Diversification context is available through World Market Map. Diversification context is built from the relationships between portfolio holdings. Portfolio analysis tools can evaluate how Vanguard Sumer Discretionary fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Vanguard Sumer Discretionary's mutual fund valuation — related indicators include signals in nation.
Vanguard Sumer Discretionary has current Total Risk Alpha of -0.08. 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]

 = 
-0.08
ER[a] = Expected return on investing in VANGUARD CONSUMER
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VANGUARD CONSUMER
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

Vanguard Sumer Discretionary is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare VANGUARD CONSUMER to Peers

Other Technical Indicators