| VELIX Fund | | | USD 16.71 0.07 0.42% |
Vela Large total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Vela Large Cap 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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Vela Large Cap has current Total Risk Alpha of
(0.11). 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] |
| = | (0.11) | |
| ER[a] | = | Expected return on investing in Vela Large |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vela Large |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Vela Large Total Risk Alpha Peers Comparison
Vela Total Risk Alpha Relative To Other Indicators
Vela Large 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.
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