| HIMDX Fund | | | USD 30.56 0.71 2.38% |
Hennessy Cornerstone market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Hennessy Nerstone Mid or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Hennessy Nerstone Mid has current Market Risk Adjusted Performance of 4.1.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 4.1 | |
| ER[a] | = | Expected return on investing in Hennessy Cornerstone |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Hennessy Cornerstone Market Risk Adjusted Performance Peers Comparison
Hennessy Market Risk Adjusted Performance Relative To Other Indicators
Hennessy Nerstone Mid is one of the top funds in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.37 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Hennessy Nerstone Mid is roughly
1.37
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