FIDELITY ADVISOR Market Risk Adjusted Performance
| FELIX Fund | | | USD 130.70 -3.75 -2.79% |
The Market Risk Adjusted Performance calculation for FIDELITY ADVISOR draws on price and volume history. All inputs are based on actual trading observations from supported exchanges.
Investing Opportunities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. A position in Fidelity Advisor Semiconductors appears within the mix. The allocation reflects this within the position set. 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 gross domestic product.
Fidelity Advisor Semiconductors has current Market Risk Adjusted Performance of 0.1177.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1177 | |
| 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 ranks first in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
89.58 of Maximum Drawdown per Market Risk Adjusted Performance. At
89.58 , Fidelity Advisor Semiconductors's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators