FIDELITY FREEDOM Total Risk Alpha
| FHAVX Fund | | | USD 11.64 -0.03 -0.26% |
The Total Risk Alpha signal for Fidelity Freedom Blend reflects patterns observed in trading data. The
Equity Screeners module supports multi-indicator technical analysis. Portfolio design and allocation context appear in
Investing Opportunities. Portfolio-level transparency adds depth to allocation analysis. Portfolio analysis tools can evaluate how Fidelity Freedom Blend fits within a broader allocation. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Fidelity Freedom Blend's mutual fund valuation — related indicators include
signals in persons.
Fidelity Freedom Blend has current Total Risk Alpha of 0.0389. 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] |
| = | 0.0389 | |
| 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 Blend is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
63.27 of Maximum Drawdown per Total Risk Alpha. At
63.27 , Fidelity Freedom Blend'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