Fidelity Tax-free Risk Adjusted Performance
FTABX Fund | USD 11.16 0.02 0.18% |
Fidelity |
| = | 0.0528 |
ER[a] | = | Expected return on investing in Fidelity Tax-free |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
STD[b] | = | Standard Deviation of selected market or benchmark. |
Fidelity Tax-free Risk Adjusted Performance Peers Comparison
Fidelity Risk Adjusted Performance Relative To Other Indicators
Fidelity Tax Free Bond is rated # 4 fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 29.34 of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Tax Free Bond is roughly 29.34
Risk Adjusted Performance |
Compare Fidelity Tax-free to Peers |
Thematic Opportunities
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Fidelity Tax-free Technical Signals
All Fidelity Tax-free Technical Indicators
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Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.0528 | |||
Market Risk Adjusted Performance | 0.255 | |||
Mean Deviation | 0.1652 | |||
Semi Deviation | 0.2105 | |||
Downside Deviation | 0.4402 | |||
Coefficient Of Variation | 1034.29 | |||
Standard Deviation | 0.2583 | |||
Variance | 0.0667 | |||
Information Ratio | (0.47) | |||
Jensen Alpha | 0.0066 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.28) | |||
Treynor Ratio | 0.245 | |||
Maximum Drawdown | 1.55 | |||
Value At Risk | (0.45) | |||
Potential Upside | 0.3594 | |||
Downside Variance | 0.1938 | |||
Semi Variance | 0.0443 | |||
Expected Short fall | (0.21) | |||
Skewness | (1.40) | |||
Kurtosis | 5.79 |