Royce Opportunity Risk Adjusted Performance
| RYOFX Fund | | | USD 17.74 -0.03 -0.17% |
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 Royce Opportunity's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
The current Risk Adjusted Performance of 0.1351 places Royce Opportunity at positive but modest risk-adjusted return. Royce Opportunity has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1351 | |
Risk Adjusted Performance Peers Comparison
Among sector peers, Royce Opportunity's Risk Adjusted Performance of 0.1351 is above the 0.06 group average. The range runs from -0.0451 (Harbor Large Cap) to 0.1166 (Schwab Target 2040). Royce Opportunity's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Royce Opportunity 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.
Royce Opportunity's Maximum Drawdown of
6.47 runs about
47.90 times its Risk Adjusted Performance of
0.14 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Royce Opportunity.
Methodology, Assumptions & Data Sources
Royce Opportunity has a current Risk Adjusted Performance reading of 0.1351. This Risk Adjusted Performance reading for Royce Opportunity results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Royce Opportunity operates in the small value sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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