Fidelity New Risk Adjusted Performance

FGVMX Fund  USD 12.81  0.07  0.55%   
Fidelity New risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity New Markets 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 New Markets has current Risk Adjusted Performance of 0.0129.

RAP

 = 

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

RFR

 = 
0.0129
ER[a] = Expected return on investing in Fidelity New
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity New Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity New Markets is rated # 5 fund in risk adjusted performance among similar funds. It is rated below average in maximum drawdown among similar funds reporting about  121.57  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity New Markets is roughly  121.57 
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