Walden Smid Total Risk Alpha

WASMX Fund  USD 23.52  0.07  0.30%   
Observed values used to calculate the Total Risk Alpha technical indicator for Walden Smid Cap. Technical inputs may vary across markets and data providers.
Walden Smid Cap has current Total Risk Alpha of -0.02. 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]

 = 
-0.02
ER[a] = Expected return on investing in Walden Smid
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Walden Smid
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

Walden Smid Cap 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 Walden Smid to Peers

Other Technical Indicators