Fidelity Asset Manager Fund Price on August 23, 2024
| FCANX Fund | USD 11.77 0.02 0.17% |
Below is the normalized historical share price chart for Fidelity Asset Manager extending back to October 16, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity Asset stands at 11.77, as last reported on the 20th of December, with the highest price reaching 11.77 and the lowest price hitting 11.77 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. Fidelity Asset Manager secures Sharpe Ratio (or Efficiency) of -0.0872, which denotes the fund had a -0.0872% return per unit of risk over the last 3 months. Fidelity Asset Manager exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Asset's Variance of 0.1018, standard deviation of 0.319, and Mean Deviation of 0.2338 to check the risk estimate we provide.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = -0.0872
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FCANX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Asset is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Asset by adding Fidelity Asset to a well-diversified portfolio.
Fidelity Asset Valuation on August 23, 2024
It is possible to determine the worth of Fidelity Asset on a given historical date. On August 23, 2024 Fidelity was worth 11.89 at the beginning of the trading date compared to the closed value of 11.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Asset mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Asset's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Asset's related companies.
| Open | High | Low | Close | Volume | |
| 11.80 | 11.80 | 11.80 | 11.80 | 1.00 | |
08/23/2024 | 11.89 | 11.89 | 11.89 | 11.89 | 1.00 |
| 11.86 | 11.86 | 11.86 | 11.86 | 1.00 |
| Backtest Fidelity Asset | | | Fidelity Asset History | | | Fidelity Asset Valuation | Previous | Next |
Fidelity Asset Trading Date Momentum on August 23, 2024
| On August 26 2024 Fidelity Asset Manager was traded for 11.86 at the closing time. The highest daily price throughout the period was 11.86 and the lowest price was 11.86 . There was no trading activity during the period 1.0. Lack of trading volume on 08/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.25% . The overall trading delta to current closing price is 0.76% . |
Fidelity Asset Manager Fundamentals Correlations and Trends
By evaluating Fidelity Asset's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fidelity Asset Mutual Fund history
Fidelity Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Asset Manager will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Asset stock prices may prove useful in developing a viable investing in Fidelity Asset
Fidelity Asset Mutual Fund Technical Analysis
Fidelity Asset technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Fidelity Asset Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Fidelity Asset Manager cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fidelity Asset December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Asset mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Asset shares will generate the highest return on investment. By undertsting and applying Fidelity Asset mutual fund market strength indicators, traders can identify Fidelity Asset Manager entry and exit signals to maximize returns
Fidelity Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Asset's price direction in advance. Along with the technical and fundamental analysis of Fidelity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Asset financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Asset security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |