FIDELITY FREEDOM Total Risk Alpha
| FFVFX Fund | | | USD 12.11 -0.03 -0.25% |
The Total Risk Alpha calculation for FIDELITY FREEDOM draws on price and volume history. Additional screening context is available through
Equity Screeners. Diversification context is available through
Investing Opportunities. Diversified allocation aims to distribute exposure across multiple positions. Fidelity Freedom 2015 can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Fidelity Freedom 2015's mutual fund valuation — related indicators include
signals in price.
Fidelity Freedom 2015 has current Total Risk Alpha of 0.0362. 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] |
| = | 0.0362 | |
| ER[a] | = | Expected return on investing in FIDELITY FREEDOM |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY FREEDOM |
| 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 Freedom 2015 is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
60.95 of Maximum Drawdown per Total Risk Alpha. At
60.95 , Fidelity Freedom 2015'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.
Compare FIDELITY FREEDOM to Peers
Other Technical Indicators