Fidelity Gnma Fund Price on September 25, 2024

If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. Fidelity Gnma secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the fund had a -0.22% return per unit of risk over the last 3 months. Fidelity Gnma Fund exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Fidelity Gnma 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 Gnma by adding Fidelity Gnma to a well-diversified portfolio.

Fidelity Gnma Valuation on September 25, 2024

It is possible to determine the worth of Fidelity Gnma on a given historical date. On September 25, 2024 Fidelity was worth 10.36 at the beginning of the trading date compared to the closed value of 10.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Gnma mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Gnma'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 Gnma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Gnma's related companies.
 Open High Low Close Volume
  10.39    10.39    10.39    10.39    1.00  
09/25/2024
  10.36    10.36    10.36    10.36    1.00  
  10.36    10.36    10.36    10.36    1.00  
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Open Value
10.36
10.36
Closing Value
11.33
Upside

Fidelity Gnma Trading Date Momentum on September 25, 2024

On September 26 2024 Fidelity Gnma Fund was traded for  10.36  at the closing time. The highest daily price throughout the period was 10.36  and the lowest price was  10.36 . There was no trading activity during the period 1.0. Lack of trading volume on 09/26/2024 did not affect price variability. The overall trading delta to current closing price is 1.06% .

Fidelity Gnma Fundamentals Correlations and Trends

By evaluating Fidelity Gnma'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 Gnma'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 Gnma Mutual Fund history

Fidelity Gnma 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 Gnma 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 Gnma stock prices may prove useful in developing a viable investing in Fidelity Gnma

Fidelity Gnma Mutual Fund Technical Analysis

Fidelity Gnma 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.
A focus of Fidelity Gnma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Gnma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity Gnma Period Price Range

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December 30, 2024
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Fidelity Gnma Fund 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 Gnma December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Fidelity Gnma 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 Gnma shares will generate the highest return on investment. By undertsting and applying Fidelity Gnma mutual fund market strength indicators, traders can identify Fidelity Gnma Fund entry and exit signals to maximize returns

Fidelity Gnma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fidelity Gnma'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.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Gnma 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 Gnma security.
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