CALIFORNIA HIGH-YIELD Market Risk Adjusted Performance
| BCHIX Fund | | | USD 9.67 -0.01 -0.10% |
The Market Risk Adjusted Performance technical lookup provides context for California High Yield Municipal and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Trending Equities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in California High Yield Municipal within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
California High Yield Municipal has current Market Risk Adjusted Performance of 1.25.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.25 | |
| ER[a] | = | Expected return on investing in CALIFORNIA HIGH-YIELD |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
CALIFORNIA HIGH-YIELD Market Risk Adjusted Performance Peers Comparison
CALIFORNIA Market Risk Adjusted Performance Relative To Other Indicators
California High Yield Municipal ranks as the leading mutual fund in market risk adjusted performance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
0.91 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Market Risk Adjusted Performance to Maximum Drawdown for California High Yield Municipal is roughly
1.10 Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.