Fidelity LongShort Risk Adjusted Performance

FLSA Etf   11.74  0.03  0.26%   
Fidelity LongShort risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity LongShort Alternative 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 LongShort Alternative has current Risk Adjusted Performance of 0.1298.

RAP

 = 

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

RFR

 = 
0.1298
ER[a] = Expected return on investing in Fidelity LongShort
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity LongShort Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity LongShort Alternative 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  20.05  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Fidelity LongShort Alternative is roughly  20.05 
Compare Fidelity LongShort to Peers

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