Fidelity Equity Total Risk Alpha

FEPY Etf   27.74  0.16  0.58%   
Fidelity Equity total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fidelity Equity Premium 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 Equity Premium has current Total Risk Alpha of (0.01). 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]

 = 
(0.01)
ER[a] = Expected return on investing in Fidelity Equity
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Fidelity Equity
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Fidelity Equity Total Risk Alpha Peers Comparison

Fidelity Total Risk Alpha Relative To Other Indicators

Fidelity Equity Premium is rated below average in total risk alpha as compared to similar ETFs. It is one of the top ETFs in maximum drawdown as compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fidelity Equity to Peers

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