Fidelity Series Total Risk Alpha
| FSTZX Fund | | | USD 9.97 0.02 0.20% |
Reference data associated with the Total Risk Alpha technical indicator for Fidelity Series 0 5. Coverage may vary across instruments due to feed availability.
Fidelity Series 0 5 has current Total Risk Alpha of 0.0128. 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] |
| = | 0.0128 | |
| ER[a] | = | Expected return on investing in Fidelity Series |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fidelity Series |
| 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 Series 0 5 is rated
below average in total risk alpha among similar funds. It is rated
below average in maximum drawdown among similar funds reporting about
31.65 of Maximum Drawdown per Total Risk Alpha. At
31.65 , Fidelity Series 0 5'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 Series to Peers
Other Technical Indicators