ALLIANZGI HEALTH Market Risk Adjusted Performance
| RAGHX Fund | | | USD 27.22 -0.44 -1.59% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Allianzgi Health Sciences. Indicator values reflect available price and volume data where applicable.
Allianzgi Health Sciences has current Market Risk Adjusted Performance of 0.7096.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.7096 | |
| ER[a] | = | Expected return on investing in ALLIANZGI HEALTH |
| 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
Allianzgi Health Sciences ranks first in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.82 of Maximum Drawdown per Market Risk Adjusted Performance. At
6.82 , Allianzgi Health Sciences's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators