California Tax-free Risk Adjusted Performance

SCTAX Fund  USD 10.71  0.02  0.19%   
California Tax-free risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for California Tax Free Fund or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
California Tax Free Fund has current Risk Adjusted Performance of 0.0201.

RAP

 = 

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

RFR

 = 
0.0201
ER[a] = Expected return on investing in California Tax-free
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

California Tax-free Risk Adjusted Performance Peers Comparison

California Risk Adjusted Performance Relative To Other Indicators

California Tax Free Fund is rated below average in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  70.39  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for California Tax Free Fund is roughly  70.39 
Compare California Tax-free to Peers

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