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Value Line Tax-Exempt (VLHYX)On Dec 23: 9.62   0.00 (0.00%)  
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Risk  As of 30-Nov-09Get Risk for:
RISK OVERVIEW 
Morningstar Risk Rating:Above average
Number of Years Up:4
Number of Years Down:1
Best 1 Yr Total Return (2006):4.13%
Worst 1 Yr Total Return (2008):-7.03%
RISK (MODERN PORTFOLIO THEORY) STATISTICS 
3 Years
StatisticVLHYXCategory
Alpha (against Standard Index)-3.89-2.38
Beta (against Standard Index)1.301.16
Mean Annual Return0.660.19
R-squared (against Standard Index)9587.38
Standard Deviation8.087.62
Sharpe Ratio-0.16N/A
Treynor Ratio-1.24N/A
5 Years
StatisticVLHYXCategory
Alpha (against Standard Index)-2.59-1.54
Beta (against Standard Index)1.301.15
Mean Annual Return2.230.27
R-squared (against Standard Index)9487.54
Standard Deviation6.626.12
Sharpe Ratio-0.08N/A
Treynor Ratio-0.59N/A
10 Years
StatisticVLHYXCategory
Alpha (against Standard Index)-2.11-1.35
Beta (against Standard Index)1.211.11
Mean Annual Return3.970.38
R-squared (against Standard Index)9488.56
Standard Deviation5.855.58
Sharpe Ratio0.20N/A
Treynor Ratio0.86N/A

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