Fidelity Nasdaq Risk Adjusted Performance

ONEQ Etf  USD 75.82  0.59  0.78%   
Fidelity Nasdaq risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity Nasdaq Composite 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 Nasdaq Composite has current Risk Adjusted Performance of 0.105.

RAP

 = 

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

RFR

 = 
0.105
ER[a] = Expected return on investing in Fidelity Nasdaq
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity Nasdaq Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity Nasdaq Composite is regarded third largest 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  51.14  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Nasdaq Composite is roughly  51.14 
Compare Fidelity Nasdaq to Peers

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