Basic Materials Market Risk Adjusted Performance

RYBMX Fund  USD 80.17  -2.39  -2.89%   
Historical market data for Basic Materials Fund forms the basis of the Market Risk Adjusted Performance indicator shown here. Coverage may vary depending on data availability and normalization methods. Diversification context is available through Your Equity Center. Diversification context helps frame allocation across holdings. The allocation includes a position in Basic Materials Fund. 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 state.
Basic Materials Fund has current Market Risk Adjusted Performance of 0.1503.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.1503
ER[a] = Expected return on investing in Basic Materials
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

Basic Materials Fund is rated third in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 99.49 of Maximum Drawdown per Market Risk Adjusted Performance. At 99.49 , Basic Materials Fund's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Compare Basic Materials to Peers

Other Technical Indicators