FIDELITY CONVERTIBLE Total Risk Alpha
| FIQVX Fund | | | USD 38.71 0.22 0.57% |
Observed values used in the Total Risk Alpha indicator for Fidelity Vertible Securities are included in this dataset. The information is based on observed market data across timeframes. Portfolio design and allocation context appear in
Investing Opportunities. Portfolio balance depends on how holdings are weighted relative to each other. Portfolio analysis tools can evaluate how Fidelity Vertible Securities fits within a broader allocation. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Fidelity Vertible Securities's mutual fund valuation — related indicators include
signals in persons.
Fidelity Vertible Securities has current Total Risk Alpha of 0.3307. 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] |
| = | 0.3307 | |
| ER[a] | = | Expected return on investing in FIDELITY CONVERTIBLE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY CONVERTIBLE |
| 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 Vertible Securities ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
33.20 of Maximum Drawdown per Total Risk Alpha. At
33.20 , Fidelity Vertible Securities'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 CONVERTIBLE to Peers
Other Technical Indicators