FIDELITY MID-CAP Maximum Drawdown
| FMCSX Fund | | | USD 47.95 -0.13 -0.27% |
The Maximum Drawdown lookup presents technical context for Fidelity Mid Cap Stock and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Fidelity Mid Cap Stock within the portfolio mix. 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 main economic indicators.
Fidelity Mid Cap Stock has current Maximum Drawdown of 5.62. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 5.62 | |
| MAX | = | Maximum notation for the range of returns on FIDELITY MID-CAP |
FIDELITY MID-CAP Maximum Drawdown Peers Comparison
FIDELITY Maximum Drawdown Relative To Other Indicators
Fidelity Mid Cap Stock is rated
fourth in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.00 of Maximum Drawdown per Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
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