Mid Cap Total Risk Alpha
| VMIDX Fund | | | USD 23.26 0.44 1.93% |
Technical inputs supporting the Total Risk Alpha indicator for Mid Cap Index are shown here. Additional screening context is available through
Equity Screeners. Portfolio design and allocation context appear in
World Market Map. Portfolio balance depends on how holdings are weighted relative to each other. The allocation includes a position in Mid Cap Index. It is distributed across the allocation. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in median.
Mid Cap Index has current Total Risk Alpha of 0.0978. 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] |
| = | 0.0978 | |
| ER[a] | = | Expected return on investing in Mid Cap |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Mid Cap |
| 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
Mid Cap Index is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
56.37 of Maximum Drawdown per Total Risk Alpha. At
56.37 , Mid Cap Index'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 Mid Cap to Peers
Other Technical Indicators