FIDELITY CHINA Total Risk Alpha
| FCHKX Fund | | | USD 55.54 1.14 2.10% |
Technical inputs supporting the Total Risk Alpha indicator for Fidelity China Region are shown here. Availability can differ across markets, exchanges, and instruments. Portfolio design and allocation context appear in
Investing Opportunities. This information is provided for contextual purposes. Monitoring Fidelity China Region within a portfolio highlights how it interacts with other holdings. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Fidelity China Region's mutual fund valuation — related indicators include
signals in industry.
Fidelity China Region has current Total Risk Alpha of 0.3013. 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] |
| = | 0.3013 | |
| ER[a] | = | Expected return on investing in FIDELITY CHINA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY CHINA |
| 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 China Region is rated
second in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
25.91 of Maximum Drawdown per Total Risk Alpha. At
25.91 , Fidelity China Region'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 CHINA to Peers
Other Technical Indicators