Fidelity Total Total Risk Alpha
| FBND Etf | | | USD 45.88 0.07 0.15% |
This technical indicator view for Total Risk Alpha organizes signals for Fidelity Total Bond and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Investing Opportunities to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Fidelity Total Bond within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Fidelity Total Bond has current Total Risk Alpha of 0.0072. 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] |
| = | 0.0072 | |
| ER[a] | = | Expected return on investing in Fidelity Total |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fidelity Total |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Fidelity Total Total Risk Alpha Peers Comparison
Fidelity Total Risk Alpha Relative To Other Indicators
Fidelity Total Bond is rated
below average for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near
132.24 . The Maximum Drawdown to Total Risk Alpha ratio for Fidelity Total Bond comes in at
132.24 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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