| NFLT Etf | | | USD 22.64 0.05 0.22% |
Virtus Newfleet total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Virtus Newfleet Multi Sector or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Virtus Newfleet Multi Sector has current Total Risk Alpha of
(0.04). 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] |
| = | (0.04) | |
| ER[a] | = | Expected return on investing in Virtus Newfleet |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Virtus Newfleet |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Virtus Newfleet Total Risk Alpha Peers Comparison
Virtus Total Risk Alpha Relative To Other Indicators
Virtus Newfleet Multi Sector is regarded
second largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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