FIDELITY HIGH Market Risk Adjusted Performance
| SPHIX Fund | | | USD 8.04 -0.02 -0.25% |
This module presents the Market Risk Adjusted Performance indicator for Fidelity High Income using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. Portfolio design and allocation context appear in
World Market Map. The view supports a broader understanding of portfolio structure. Portfolio balance depends on how holdings are weighted relative to each other. No forward-looking guarantees are expressed or implied by this data. The allocation includes a position in Fidelity High Income. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. 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 gross domestic product.
Fidelity High Income has current Market Risk Adjusted Performance of 0.0442.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0442 | |
| ER[a] | = | Expected return on investing in FIDELITY HIGH |
| 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 High Income is rated
fourth in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
22.50 of Maximum Drawdown per Market Risk Adjusted Performance.
Other Technical Indicators