MH ELITE Market Risk Adjusted Performance
| MHEFX Fund | | | USD 8.68 0.09 1.05% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for Mh Elite Fund. Technical inputs may vary across markets and data providers.
Mh Elite Fund has current Market Risk Adjusted Performance of 0.2906.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2906 | |
| ER[a] | = | Expected return on investing in MH ELITE |
| 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
Mh Elite Fund ranks first in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
12.33 of Maximum Drawdown per Market Risk Adjusted Performance. At
12.33 , Mh Elite Fund's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators