Mainstay Convertible Risk Adjusted Performance

MCOAX Fund  USD 20.10  0.03  0.15%   
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Mainstay Vertible Fund has current Risk Adjusted Performance of 0.1256.

RAP

 = 

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

RFR

 = 
0.1256
ER[a] = Expected return on investing in Mainstay Convertible
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Mainstay Convertible Risk Adjusted Performance Peers Comparison

Mainstay Risk Adjusted Performance Relative To Other Indicators

Mainstay Vertible Fund is number one fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  14.75  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Mainstay Vertible Fund is roughly  14.75 
Compare Mainstay Convertible to Peers

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