Fidelity Stocks Total Risk Alpha
| FCPI Etf | | | USD 48.97 0.81 1.68% |
Observed values used in the Total Risk Alpha indicator for Fidelity Stocks for are included in this dataset. Market data gaps can influence the computed indicator values.
Investing Opportunities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. Portfolio analysis tools can evaluate how Fidelity Stocks for fits within a broader allocation. This information is provided for contextual purposes. Broader economic conditions can influence Fidelity Stocks for's etf valuation — related indicators include
signals in employment.
Fidelity Stocks for has current Total Risk Alpha of 0.0114. 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] |
| = | 0.0114 | |
| ER[a] | = | Expected return on investing in Fidelity Stocks |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fidelity Stocks |
| 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 Stocks for is rated
below average for total risk alpha across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
380.04 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
380.04 times for Fidelity Stocks for
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fidelity Stocks to Peers
Other Technical Indicators