Fidelity Massachusetts Risk Adjusted Performance
FDMMX Fund | USD 11.50 0.02 0.17% |
Fidelity |
| = | 0.0217 |
ER[a] | = | Expected return on investing in Fidelity Massachusetts |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
STD[b] | = | Standard Deviation of selected market or benchmark. |
Fidelity Massachusetts Risk Adjusted Performance Peers Comparison
Fidelity Risk Adjusted Performance Relative To Other Indicators
Fidelity Massachusetts Municipal is rated # 5 fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 60.77 of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Massachusetts Municipal is roughly 60.76
Risk Adjusted Performance |
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Thematic Opportunities
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Fidelity Massachusetts Technical Signals
All Fidelity Massachusetts Technical Indicators
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
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Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0217 | |||
Market Risk Adjusted Performance | (0.03) | |||
Mean Deviation | 0.1431 | |||
Semi Deviation | 0.1986 | |||
Downside Deviation | 0.3557 | |||
Coefficient Of Variation | 1688.55 | |||
Standard Deviation | 0.2278 | |||
Variance | 0.0519 | |||
Information Ratio | (0.54) | |||
Jensen Alpha | 0.016 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.35) | |||
Treynor Ratio | (0.04) | |||
Maximum Drawdown | 1.32 | |||
Value At Risk | (0.35) | |||
Potential Upside | 0.353 | |||
Downside Variance | 0.1265 | |||
Semi Variance | 0.0394 | |||
Expected Short fall | (0.19) | |||
Skewness | (1.44) | |||
Kurtosis | 5.93 |