BLUE CURRENT Risk Adjusted Performance
| BCGDX Fund | | | USD 20.43 0.11 0.54% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is BLUE CURRENT's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At 0.046, BLUE CURRENT's Risk Adjusted Performance indicates positive but modest risk-adjusted return. BLUE CURRENT has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.046 | |
Risk Adjusted Performance Peers Comparison
Relative to peers, BLUE CURRENT's Risk Adjusted Performance is below the group average of 0.06. Peer readings range from 0.0383 (Mfs Servative Allocation) to 0.0732 (Smi Servative Allocation), reflecting moderate dispersion across the sector. BLUE CURRENT's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Blue Current and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
BLUE CURRENT's Maximum Drawdown of
4.00 runs about
86.89 times its Risk Adjusted Performance of
0.05 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for BLUE CURRENT.
Methodology, Assumptions & Data Sources
BLUE CURRENT has a current Risk Adjusted Performance reading of 0.046. Risk Adjusted Performance for BLUE CURRENT is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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