FIDELITY CAPITAL Total Risk Alpha
| FAGIX Fund | | | USD 10.96 0.02 0.18% |
Observed values used to calculate the Total Risk Alpha technical indicator for Fidelity Capital Income. Availability may differ across exchanges, markets, and reporting intervals.
Fidelity Capital Income has current Total Risk Alpha of 0.0337. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0337 | |
| ER[a] | = | Expected return on investing in FIDELITY CAPITAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY CAPITAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Fidelity Capital Income is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
57.03 of Maximum Drawdown per Total Risk Alpha. At
57.03 , Fidelity Capital Income's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare FIDELITY CAPITAL to Peers
Other Technical Indicators