Fidelity Advantage Risk Adjusted Performance

FBTC Etf   45.98  0.33  0.72%   
Fidelity Advantage risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity Advantage Bitcoin 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 Advantage Bitcoin has current Risk Adjusted Performance of 0.1953.

RAP

 = 

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

RFR

 = 
0.1953
ER[a] = Expected return on investing in Fidelity Advantage
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity Advantage Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity Advantage Bitcoin is rated # 4 ETF in risk adjusted performance as compared to similar ETFs. It is rated # 2 ETF in maximum drawdown as compared to similar ETFs reporting about  77.18  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Advantage Bitcoin is roughly  77.18 
Compare Fidelity Advantage to Peers

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