Oppenheimer Steelpath Risk Adjusted Performance

MLPNX Fund  USD 6.82  0.06  0.89%   
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Oppenheimer Steelpath Mlp has current Risk Adjusted Performance of 0.2333.

RAP

 = 

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

RFR

 = 
0.2333
ER[a] = Expected return on investing in Oppenheimer Steelpath
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Oppenheimer Steelpath Risk Adjusted Performance Peers Comparison

Oppenheimer Risk Adjusted Performance Relative To Other Indicators

Oppenheimer Steelpath Mlp is number one fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  20.09  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Oppenheimer Steelpath Mlp is roughly  20.09 
Compare Oppenheimer Steelpath to Peers

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