FIDELITY SMALL Total Risk Alpha
| FSSNX Fund | | | USD 31.31 0.14 0.45% |
The Total Risk Alpha calculation for FIDELITY SMALL draws on price and volume history. Data availability for the calculation period determines indicator completeness. Portfolio design and allocation context appear in
Investing Opportunities. This view summarizes available data without implying outcomes. Fidelity Small Cap can be included in a portfolio to evaluate diversification impact. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Fidelity Small Cap's mutual fund valuation — related indicators include
signals in inflation.
Fidelity Small Cap has current Total Risk Alpha of 0.0698. 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] |
| = | 0.0698 | |
| ER[a] | = | Expected return on investing in FIDELITY SMALL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY SMALL |
| 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 Small Cap ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
84.53 of Maximum Drawdown per Total Risk Alpha. At
84.53 , Fidelity Small Cap'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 SMALL to Peers
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