Fidelity Preferred Risk Adjusted Performance

FPFD Etf  USD 21.68  0.08  0.37%   
The Risk Adjusted Performance calculation for Fidelity Preferred draws on price and volume history. Related screening structures are referenced through Equity Screeners. For portfolio construction context, review Investing Opportunities. Clearer exposure analysis supports long-term portfolio balance. Tracking Fidelity Preferred Securities in a portfolio provides context for performance attribution. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Fidelity Preferred Securities's etf valuation — related indicators include signals in price.
Fidelity Preferred Securities has current Risk Adjusted Performance of -0.02.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
-0.02
ER[a] = Expected return on investing in Fidelity Preferred
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Risk Adjusted Performance Peers Comparison

Risk Adjusted Performance Relative To Other Indicators

Fidelity Preferred Securities is rated below average for risk adjusted performance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs .
Compare Fidelity Preferred to Peers

Other Technical Indicators