Fidelity High Risk Adjusted Performance

FDHY Etf  USD 48.90  0.14  0.29%   
Fidelity High risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity High Yield 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 High Yield has current Risk Adjusted Performance of 0.0423.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0423
ER[a] = Expected return on investing in Fidelity High
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity High Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity High Yield is rated # 3 ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  17.02  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity High Yield is roughly  17.02 
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