MAINSTAY CONVERTIBLE Market Risk Adjusted Performance
| MCCVX Fund | | | USD 19.88 -0.31 -1.54% |
This module presents the Market Risk Adjusted Performance indicator for Mainstay Vertible Fund using available market inputs. The indicator computation uses normalized market activity data.
Correlation Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. A position in Mainstay Vertible Fund is part of the allocation. It is reflected in the overall portfolio structure. 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 small area income & poverty estimates.
Mainstay Vertible Fund has current Market Risk Adjusted Performance of 0.0944.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0944 | |
| ER[a] | = | Expected return on investing in MAINSTAY CONVERTIBLE |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Mainstay Vertible Fund is rated
second in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
42.58 of Maximum Drawdown per Market Risk Adjusted Performance. At
42.58 , Mainstay Vertible Fund's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators