Highland Floating Market Risk Adjusted Performance
| HLFZX Fund | | | 9.03 -0.07 -0.77% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for Highland Floating Rate. Coverage may vary depending on data feeds and normalization methods.
Highland Floating Rate has current Market Risk Adjusted Performance of 0.0245.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0245 | |
| ER[a] | = | Expected return on investing in Highland Floating |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Highland Floating Market Risk Adjusted Performance Peers Comparison
Highland Market Risk Adjusted Performance Relative To Other Indicators
Highland Floating Rate is rated
below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
170.99 of Maximum Drawdown per Market Risk Adjusted Performance. At
170.99 , Highland Floating Rate's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
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