VANGUARD TOTAL Total Risk Alpha

VSMPX Fund  USD 292.46  -4.75  -1.60%   
This module presents the Total Risk Alpha indicator for Vanguard Total Stock using available market inputs. The indicator computation uses normalized market activity data. Use World Market Map to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This captures an allocation to Vanguard Total Stock. It is represented within the portfolio holdings. 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 employment.
Vanguard Total Stock has current Total Risk Alpha of 0.0233. 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]

 = 
0.0233
ER[a] = Expected return on investing in VANGUARD TOTAL
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VANGUARD TOTAL
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 Total Stock is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 160.28 of Maximum Drawdown per Total Risk Alpha. At 160.28 , Vanguard Total Stock'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 VANGUARD TOTAL to Peers

Other Technical Indicators