Williston Basinmid Total Risk Alpha

ICPUX Fund  USD 6.03  0.09  1.52%   
Williston Basinmid total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Williston Basinmid North America 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 Equity Screeners to view more equity screening tools
  
Williston Basinmid North America has current Total Risk Alpha of 0.024. 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]

 = 
0.024
ER[a] = Expected return on investing in Williston Basinmid
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Williston Basinmid
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Williston Basinmid Total Risk Alpha Peers Comparison

Williston Total Risk Alpha Relative To Other Indicators

Williston Basinmid North America is rated third overall fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  234.16  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Williston Basinmid North America is roughly  234.16 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Williston Basinmid to Peers

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