MARYLAND TAX-FREE Market Risk Adjusted Performance
| MDXBX Fund | | | USD 10.00 -0.07 -0.70% |
The Market Risk Adjusted Performance indicator for MARYLAND TAX-FREE is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners. Use
Correlation Analysis to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. A position in Maryland Tax Free Bond is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. 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 bureau of labor statistics.
Maryland Tax Free Bond has current Market Risk Adjusted Performance of
-0.15.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.15 | |
| ER[a] | = | Expected return on investing in MARYLAND TAX-FREE |
| 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
Maryland Tax Free Bond is rated
below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Other Technical Indicators