Fidelity Large Total Risk Alpha
| FCLKX Fund | | | USD 18.90 -0.02 -0.11% |
The Total Risk Alpha technical lookup provides context for Fidelity Large Cap and related instruments. Some instruments may have limited coverage due to data differences;
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Investing Opportunities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This reflects a position in Fidelity Large Cap across the allocation. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Fidelity Large Cap has current Total Risk Alpha of 0.0688. 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] |
| = | 0.0688 | |
| ER[a] | = | Expected return on investing in Fidelity Large |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fidelity Large |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Fidelity Large Total Risk Alpha Peers Comparison
Fidelity Total Risk Alpha Relative To Other Indicators
Fidelity Large Cap is rated
below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
54.71 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Fidelity Large Cap is roughly
54.71 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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