Power Momentum Risk Adjusted Performance

MOJOX Fund  USD 15.37  0.02  0.13%   
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Power Momentum Index has current Risk Adjusted Performance of 0.086.

RAP

 = 

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

RFR

 = 
0.086
ER[a] = Expected return on investing in Power Momentum
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Power Momentum Risk Adjusted Performance Peers Comparison

Power Risk Adjusted Performance Relative To Other Indicators

Power Momentum Index is regarded fifth largest fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  55.59  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Power Momentum Index is roughly  55.59 
Compare Power Momentum to Peers

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