Workforce Holdings Total Risk Alpha

WKF Stock   146.00  0.00  0.00%   
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Workforce Holdings has current Total Risk Alpha of 0.0798. 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]

 = 
0.0798
ER[a] = Expected return on investing in Workforce Holdings
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Workforce Holdings
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Workforce Holdings Total Risk Alpha Peers Comparison

00.0798-0.13250.1897-0.218100%

Workforce Total Risk Alpha Relative To Other Indicators

Workforce Holdings is rated fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  44.75  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Workforce Holdings is roughly  44.75 
JavaScript chart by amCharts 3.21.15SARLSKHARBRTHCIBYIWKF 051015202530 -0.2-0.100.10.2
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Workforce Holdings to Peers

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