FIDELITY DIVERSIFIED Maximum Drawdown
| FDIVX Fund | | | USD 47.03 -1.54 -3.17% |
The Maximum Drawdown reading for Fidelity Diversified International is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Use
Investing Opportunities to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. This view summarizes available data without implying outcomes. The portfolio reflects a holding in Fidelity Diversified International. The weighting is visible within the allocation breakdown. The relative size of each holding follows the allocation framework. The data shown is informational and should not be interpreted as guidance. 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 manufacturing.
Fidelity Diversified International has current Maximum Drawdown of 6.0. 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) |
| = | 6.0 | |
| MAX | = | Maximum notation for the range of returns on FIDELITY DIVERSIFIED |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Fidelity Diversified International is rated
third 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 DIVERSIFIED to Peers
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