| VUSE Etf | | | USD 61.43 0.34 0.56% |
Vident Core total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Vident Core Equity 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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Vident Core Equity has current Total Risk Alpha of 0.0139. 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] |
| = | 0.0139 | |
| ER[a] | = | Expected return on investing in Vident Core |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vident Core |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Vident Core Total Risk Alpha Peers Comparison
Vident Total Risk Alpha Relative To Other Indicators
Vident Core Equity is rated
second in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
325.35 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Vident Core Equity is roughly
325.35 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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