FIDELITY INTERNATIONAL Total Risk Alpha
| FTISX Fund | | | USD 36.26 -0.05 -0.14% |
The Total Risk Alpha lookup presents technical context for Fidelity International Small and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. FIDELITY INTERNATIONAL has P/E of 14.13.
Investing Opportunities can help frame allocation decisions. The allocation includes a position in Fidelity International Small 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 population.
Fidelity International Small has current Total Risk Alpha of 0.0564. 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] |
| = | 0.0564 | |
| ER[a] | = | Expected return on investing in FIDELITY INTERNATIONAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FIDELITY INTERNATIONAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
FIDELITY INTERNATIONAL Total Risk Alpha Peers Comparison
FIDELITY Total Risk Alpha Relative To Other Indicators
Fidelity International Small currently holds the
# 4 position in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
86.79 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Fidelity International Small is roughly
86.79 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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