Fidelity Asset Risk Adjusted Performance

FSAAX Fund  USD 16.26  0.07  0.43%   
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Fidelity Asset Manager has current Risk Adjusted Performance of 0.058.

RAP

 = 

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

RFR

 = 
0.058
ER[a] = Expected return on investing in Fidelity Asset
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity Asset Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity Asset Manager is rated # 3 fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  38.94  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Asset Manager is roughly  38.94 
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