Fidelity Small Total Risk Alpha

FCPGX Fund  USD 35.88  0.51  1.40%   
Fidelity Small total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fidelity Small Cap or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Fidelity Small Cap has current Total Risk Alpha of 0.0426. 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]

 = 
0.0426
ER[a] = Expected return on investing in Fidelity Small
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Fidelity Small
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Fidelity Small Total Risk Alpha Peers Comparison

Fidelity Total Risk Alpha Relative To Other Indicators

Fidelity Small Cap is rated # 2 fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  144.66  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Fidelity Small Cap is roughly  144.66 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fidelity Small to Peers

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