FIDELITY ADVISOR Market Risk Adjusted Performance
| FELCX Fund | | | USD 91.16 -2.62 -2.79% |
The Market Risk Adjusted Performance indicator for Fidelity Advisor Semiconductors is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. 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. A position in Fidelity Advisor Semiconductors is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. This summary reflects available observations without forecasting intent. 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 median.
Fidelity Advisor Semiconductors has current Market Risk Adjusted Performance of 0.115.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.115 | |
| ER[a] | = | Expected return on investing in FIDELITY ADVISOR |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Fidelity Advisor Semiconductors is rated
second in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
91.74 of Maximum Drawdown per Market Risk Adjusted Performance. At
91.74 , Fidelity Advisor Semiconductors's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators