Prudential Muni Risk Adjusted Performance

PHIZX Fund  USD 9.64  0.03  0.31%   
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Prudential Muni High has current Risk Adjusted Performance of 0.0349.

RAP

 = 

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

RFR

 = 
0.0349
ER[a] = Expected return on investing in Prudential Muni
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Prudential Muni Risk Adjusted Performance Peers Comparison

Prudential Risk Adjusted Performance Relative To Other Indicators

Prudential Muni High 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  51.38  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Prudential Muni High is roughly  51.38 
Compare Prudential Muni to Peers

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