AdvisorShares Vice Total Risk Alpha
| VICE Etf | | | USD 31.99 -0.68 -2.08% |
Technical inputs supporting the Total Risk Alpha indicator for AdvisorShares Vice ETF are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments. Additional screening context is available through
Equity Screeners.
World Market Map frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The holding in AdvisorShares Vice ETF represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in median.
AdvisorShares Vice ETF has current Total Risk Alpha of 0.0746. 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] |
| = | 0.0746 | |
| ER[a] | = | Expected return on investing in AdvisorShares Vice |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AdvisorShares Vice |
| 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
AdvisorShares Vice ETF is rated
below average for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near
52.34 . The Maximum Drawdown to Total Risk Alpha ratio for AdvisorShares Vice ETF comes in at
52.34 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare AdvisorShares Vice to Peers
Other Technical Indicators