Fidelity Value Market Risk Adjusted Performance
| FVAL Etf | | | USD 69.89 -0.28 -0.40% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for Fidelity Value Factor. Some instruments may provide partial coverage depending on trading history.
Fidelity Value Factor has current Market Risk Adjusted Performance of
-0.06.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.06 | |
| ER[a] | = | Expected return on investing in Fidelity Value |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Fidelity Value Factor is rated
below average for market risk adjusted performance within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
Other Technical Indicators