MULTI-MANAGER HIGH Market Risk Adjusted Performance
| NMHYX Fund | | | USD 8.27 -0.02 -0.24% |
Technical inputs supporting the Market Risk Adjusted Performance indicator for Multi Manager High Yield are shown here. Values are derived from historical price and volume observations.
Correlation Analysis provides context for diversified portfolio design. Portfolio balance depends on how holdings are weighted relative to each other. The allocation includes a position in Multi Manager High Yield. It is distributed across the allocation. 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 private.
Multi Manager High Yield has current Market Risk Adjusted Performance of
-0.30.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.30 | |
| ER[a] | = | Expected return on investing in MULTI-MANAGER HIGH |
| 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
Multi Manager High Yield 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