| MCVT Stock | | | USD 1.98 0.03 1.54% |
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Mill City Ventures has current Total Risk Alpha of 0.2112. 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] |
| = | 0.2112 | |
| ER[a] | = | Expected return on investing in Mill City |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Mill City |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Mill City Total Risk Alpha Peers Comparison
Mill Total Risk Alpha Relative To Other Indicators
Mill City Ventures is regarded
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
255.02 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mill City Ventures is roughly
255.02 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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