FIDELITY FLEX Total Risk Alpha

FUEMX Fund  USD 10.05  -0.01  -0.1%   
Historical market data for Fidelity Flex Servative forms the basis of the Total Risk Alpha indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Use Investing Opportunities to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Allocation decisions are shaped by the composition and weighting of holdings. The data shown is informational and should not be interpreted as guidance. This includes a position in Fidelity Flex Servative. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. The dataset is presented as structured reference material for independent review. 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 board of governors.
Fidelity Flex Servative has current Total Risk Alpha of 0.01. 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]

 = 
0.01
ER[a] = Expected return on investing in FIDELITY FLEX
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on FIDELITY FLEX
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 Flex Servative is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 40.07 of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare FIDELITY FLEX to Peers

Other Technical Indicators