Fidelity Salem Maximum Drawdown
| FBIIX Fund | | | USD 9.17 0.04 0.44% |
The Maximum Drawdown profile for Fidelity Salem Street is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Review
Investing Opportunities for context on portfolio diversification. All values are based on available data and provided as reference information. Fidelity Salem Street can be tracked within a custom portfolio for ongoing monitoring. All values are presented as reference data. Broader economic conditions can influence Fidelity Salem Street's mutual fund valuation — related indicators include
signals in gross domestic product.
Fidelity Salem Street has current Maximum Drawdown of 0.8738. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 0.8738 | |
| MAX | = | Maximum notation for the range of returns on Fidelity Salem |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Fidelity Salem Street is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.00 of Maximum Drawdown per Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
Compare Fidelity Salem to Peers
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