Mainstay Convertible Risk Adjusted Performance

MCINX Fund  USD 19.91  0.12  0.61%   
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Mainstay Vertible Fund has current Risk Adjusted Performance of 0.1187.

RAP

 = 

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

RFR

 = 
0.1187
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  18.50  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Mainstay Vertible Fund is roughly  18.50 
Compare Mainstay Convertible to Peers

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