| FLRG Etf | | | USD 35.55 0.17 0.48% |
Fidelity Covington risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity Covington Trust 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
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Fidelity Covington Trust has current Risk Adjusted Performance of 0.1106.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1106 | |
Fidelity Covington Risk Adjusted Performance Peers Comparison
Fidelity Risk Adjusted Performance Relative To Other Indicators
Fidelity Covington Trust is rated
below average in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
36.28 of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity Covington Trust is roughly
36.28
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