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Friday, December 25, 2009, 7:56AM ET - U.S. Markets Closed for Christmas. Dow Up 0.51% Nasdaq Up 0.71%
MTB MD Muni Instl I (ARMTX)On Dec 24: 9.96   0.00 (0.00%)  
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Risk  As of 30-Nov-09Get Risk for:
RISK OVERVIEW 
Morningstar Risk Rating:Average
Number of Years Up:4
Number of Years Down:1
Best 1 Yr Total Return (2006):3.73%
Worst 1 Yr Total Return (2008):-4.88%
RISK (MODERN PORTFOLIO THEORY) STATISTICS 
3 Years
StatisticARMTXCategory
Alpha (against Standard Index)-0.33-0.62
Beta (against Standard Index)0.860.89
Mean Annual Return3.560.29
R-squared (against Standard Index)8591.02
Standard Deviation5.545.60
Sharpe Ratio0.25N/A
Treynor Ratio1.51N/A
5 Years
StatisticARMTXCategory
Alpha (against Standard Index)-0.57-0.87
Beta (against Standard Index)0.860.88
Mean Annual Return3.700.29
R-squared (against Standard Index)8690.77
Standard Deviation4.494.54
Sharpe Ratio0.17N/A
Treynor Ratio0.83N/A
10 Years
StatisticARMTXCategory
Alpha (against Standard Index)-0.50-0.87
Beta (against Standard Index)0.890.90
Mean Annual Return4.800.37
R-squared (against Standard Index)9291.70
Standard Deviation4.314.41
Sharpe Ratio0.44N/A
Treynor Ratio2.12N/A

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