Fidelity Momentum Risk Adjusted Performance

FCMO Etf   17.73  0.15  0.85%   
Fidelity Momentum risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity Momentum ETF 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 Momentum ETF has current Risk Adjusted Performance of 0.2703.

RAP

 = 

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

RFR

 = 
0.2703
ER[a] = Expected return on investing in Fidelity Momentum
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity Momentum Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity Momentum ETF is rated # 2 ETF in risk adjusted performance as compared to similar ETFs. It is rated # 4 ETF in maximum drawdown as compared to similar ETFs reporting about  16.85  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Momentum ETF is roughly  16.85 
Compare Fidelity Momentum to Peers

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