Alliancebernstein Risk Adjusted Performance

AFB Fund  USD 11.49  0.05  0.44%   
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Alliancebernstein National Municipal has current Risk Adjusted Performance of 0.0343.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0343
ER[a] = Expected return on investing in Alliancebernstein
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Alliancebernstein Risk Adjusted Performance Peers Comparison

Alliancebernstein Risk Adjusted Performance Relative To Other Indicators

Alliancebernstein National Municipal is rated below average in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  84.01  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Alliancebernstein National Municipal is roughly  84.01 
Compare Alliancebernstein to Peers

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