Fidelity Emerging Markets Fund Price on July 24, 2024
| FEDDX Fund | USD 15.37 0.14 0.92% |
Below is the normalized historical share price chart for Fidelity Emerging Markets extending back to November 08, 2011. 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 Emerging stands at 15.37, as last reported on the 21st of December, with the highest price reaching 15.37 and the lowest price hitting 15.37 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 Emerging Markets secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the fund had a -0.15% return per unit of risk over the last 3 months. Fidelity Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Emerging's Mean Deviation of 0.685, standard deviation of 0.9435, and Variance of 0.8902 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 = -0.153
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FEDDX |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Emerging 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 Emerging by adding Fidelity Emerging to a well-diversified portfolio.
Fidelity Emerging Valuation on July 24, 2024
It is possible to determine the worth of Fidelity Emerging on a given historical date. On July 24, 2024 Fidelity was worth 16.51 at the beginning of the trading date compared to the closed value of 16.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 16.76 | 16.76 | 16.76 | 16.76 | 1.00 | |
07/24/2024 | 16.51 | 16.51 | 16.51 | 16.51 | 1.00 |
| 16.41 | 16.41 | 16.41 | 16.41 | 1.00 |
| Backtest Fidelity Emerging | | | Fidelity Emerging History | | | Fidelity Emerging Valuation | Previous | Next |
Fidelity Emerging Trading Date Momentum on July 24, 2024
| On July 25 2024 Fidelity Emerging Markets was traded for 16.41 at the closing time. The highest daily price throughout the period was 16.41 and the lowest price was 16.41 . There was no trading activity during the period 1.0. Lack of trading volume on 07/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 4.54% . |
Fidelity Emerging Markets Fundamentals Correlations and Trends
By evaluating Fidelity Emerging'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 Emerging'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 Emerging Mutual Fund history
Fidelity Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Fidelity Emerging
The fund invests at least 80 percent of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.
Fidelity Emerging Mutual Fund Technical Analysis
Fidelity Emerging 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 Emerging Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Fidelity Emerging Markets 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 Emerging December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Fidelity Emerging mutual fund market strength indicators, traders can identify Fidelity Emerging Markets entry and exit signals to maximize returns
Fidelity Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Emerging'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 | (0.1) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.57) |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Emerging 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 Emerging security.
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