FIDELITY FOUR-IN-ONE Total Risk Alpha
| FFNOX Fund | | | USD 66.52 -1.08 -1.60% |
This technical indicator view for Total Risk Alpha organizes signals for Fidelity Four In One Index and comparable instruments. Data availability can vary by region and feed;
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Fidelity Four In One Index has current Total Risk Alpha of 0.0347. 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] |
| = | 0.0347 | |
| ER[a] | = | Expected return on investing in FIDELITY FOUR-IN-ONE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY FOUR-IN-ONE |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
FIDELITY FOUR-IN-ONE Total Risk Alpha Peers Comparison
FIDELITY Total Risk Alpha Relative To Other Indicators
Fidelity Four In One Index is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
104.99 of Maximum Drawdown per Total Risk Alpha. At
104.99 , Fidelity Four In One Index's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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