Pace High Risk Adjusted Performance
| PHDTX Fund | | | USD 9.12 0.02 0.22% |
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 Pace High's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
The Risk Adjusted Performance of 0.0276 for Pace High indicates positive but modest risk-adjusted return. Pace High has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0276 | |
Risk Adjusted Performance Peers Comparison
The peer group averages 0.08 for Risk Adjusted Performance, with Pace High at 0.0276 falling below that level. Readings span 0.0272 (Deutsche Capital Growth) to 0.1261 (Upright Growth Income). Pace High'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 Pace High 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.
Pace High's Maximum Drawdown of
1.00 runs about
36.07 times its Risk Adjusted Performance of
0.03 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Pace High.
Methodology, Assumptions & Data Sources
The current Risk Adjusted Performance for Pace High is 0.0276. The Risk Adjusted Performance for Pace High applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. 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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