Westwood Alternative Total Risk Alpha

WMNAX Fund  USD 9.71  0.00  0.00%   
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Westwood Alternative Income has current Total Risk Alpha of 0.0051. 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]

 = 
0.0051
ER[a] = Expected return on investing in Westwood Alternative
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Westwood Alternative
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Westwood Alternative Total Risk Alpha Peers Comparison

Westwood Total Risk Alpha Relative To Other Indicators

Westwood Alternative Income is presently regarded as number one fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  101.96  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Westwood Alternative Income is roughly  101.96 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Westwood Alternative to Peers

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