MUNICIPAL BOND Market Risk Adjusted Performance
| WMFDX Fund | | | USD 9.72 0.01 0.10% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Municipal Bond Fund. Indicator values reflect available price and volume data where applicable.
Municipal Bond Fund has current Market Risk Adjusted Performance of 0.2523.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2523 | |
| ER[a] | = | Expected return on investing in MUNICIPAL BOND |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
MUNICIPAL BOND Market Risk Adjusted Performance Peers Comparison
MUNICIPAL Market Risk Adjusted Performance Relative To Other Indicators
Municipal Bond Fund ranks first in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.26 of Maximum Drawdown per Market Risk Adjusted Performance. At
3.26 , Municipal Bond Fund's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
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