Fidelity Growth Discovery Fund Price on May 31, 2024
| FDSVX Fund | USD 64.44 0.96 1.51% |
Below is the normalized historical share price chart for Fidelity Growth Discovery extending back to April 15, 1998. 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 Growth stands at 64.44, as last reported on the 23rd of December, with the highest price reaching 64.44 and the lowest price hitting 64.44 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Growth Discovery secures Sharpe Ratio (or Efficiency) of 0.0619, which denotes the fund had a 0.0619% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Growth Discovery, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Growth's Coefficient Of Variation of 1633.94, downside deviation of 1.0, and Mean Deviation of 0.6438 to check if the risk estimate we provide is consistent with the expected return of 0.054%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.0619
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Fidelity Growth is performing at about 4% of its full potential. 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 Growth by adding it to a well-diversified portfolio.
Fidelity Growth Valuation on May 31, 2024
It is possible to determine the worth of Fidelity Growth on a given historical date. On May 31, 2024 Fidelity was worth 62.96 at the beginning of the trading date compared to the closed value of 62.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Growth mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Growth's related companies.
| Open | High | Low | Close | Volume | |
| 63.14 | 63.14 | 63.14 | 63.14 | 1.00 | |
05/31/2024 | 62.96 | 62.96 | 62.96 | 62.96 | 1.00 |
| 63.28 | 63.28 | 63.28 | 63.28 | 1.00 |
| Backtest Fidelity Growth | | | Fidelity Growth History | | | Fidelity Growth Valuation | Previous | Next |
Fidelity Growth Trading Date Momentum on May 31, 2024
| On June 03 2024 Fidelity Growth Discovery was traded for 63.28 at the closing time. The highest daily price throughout the period was 63.28 and the lowest price was 63.28 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.51% . The overall trading delta to current closing price is 2.92% . |
Fidelity Growth Discovery Fundamentals Correlations and Trends
By evaluating Fidelity Growth'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 Growth'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 Growth Mutual Fund history
Fidelity Growth 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 Growth Discovery 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 Growth stock prices may prove useful in developing a viable investing in Fidelity Growth
The fund normally invests primarily in common stocks. It invests in companies that the adviser believes have above-average growth potential . The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Fidelity Growth Mutual Fund Technical Analysis
Fidelity Growth 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 Growth Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Fidelity Growth Discovery 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 Growth December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Fidelity Growth mutual fund market strength indicators, traders can identify Fidelity Growth Discovery entry and exit signals to maximize returns
Fidelity Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Growth'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 | 0.0493 | |||
| Jensen Alpha | 0.0266 | |||
| Total Risk Alpha | 0.0187 | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.0585 |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Growth 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 Growth security.
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