Fidelity Asset Standard Deviation
| FASIX Fund | | | USD 14.36 -0.04 -0.28% |
The Standard Deviation technical lookup provides context for Fidelity Asset Manager and related instruments. Some instruments may have limited coverage due to data differences;
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Fidelity Asset Manager has current Standard Deviation of 0.2386. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 0.2386 | |
Fidelity Asset Standard Deviation Peers Comparison
Fidelity Standard Deviation Relative To Other Indicators
Fidelity Asset Manager is rated
below average in standard deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.18 of Maximum Drawdown per Standard Deviation. At
5.18 , Fidelity Asset Manager's Maximum Drawdown-to-Standard Deviation multiple reflects the spread between these metrics
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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