Pax High Risk Adjusted Performance

PAXHX Fund  USD 6.10  0.01  0.16%   
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Pax High Yield has current Risk Adjusted Performance of 0.07.

RAP

 = 

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

RFR

 = 
0.07
ER[a] = Expected return on investing in Pax High
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Pax High Risk Adjusted Performance Peers Comparison

PAX Risk Adjusted Performance Relative To Other Indicators

Pax High Yield is regarded second largest fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  11.85  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Pax High Yield is roughly  11.85 
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