Fidelity Mega Cap Fund Price on November 12, 2024
| FGRTX Fund | USD 26.54 0.03 0.11% |
Below is the normalized historical share price chart for Fidelity Mega Cap extending back to February 02, 1999. 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 Mega stands at 26.54, as last reported on the 12th of December 2024, with the highest price reaching 26.54 and the lowest price hitting 26.54 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 Mega Cap secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Mega Cap, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Mega's Downside Deviation of 0.5211, mean deviation of 0.4315, and Coefficient Of Variation of 402.35 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.2008
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Fidelity Mega is performing at about 15% 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 Mega by adding it to a well-diversified portfolio.
Fidelity Mega Valuation on November 12, 2024
It is possible to determine the worth of Fidelity Mega on a given historical date. On November 12, 2024 Fidelity was worth 26.46 at the beginning of the trading date compared to the closed value of 26.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Mega mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Mega'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 Mega where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Mega's related companies.
| Open | High | Low | Close | Volume | |
| 26.57 | 26.57 | 26.57 | 26.57 | 1.00 | |
11/12/2024 | 26.46 | 26.46 | 26.46 | 26.46 | 1.00 |
| 26.39 | 26.39 | 26.39 | 26.39 | 1.00 |
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Fidelity Mega Trading Date Momentum on November 12, 2024
| On November 13 2024 Fidelity Mega Cap was traded for 26.39 at the closing time. The highest daily price throughout the period was 26.39 and the lowest price was 26.39 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 0.11% . |
Fidelity Mega Cap Fundamentals Correlations and Trends
By evaluating Fidelity Mega'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 Mega'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 Mega Mutual Fund history
Fidelity Mega 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 Mega Cap 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 Mega stock prices may prove useful in developing a viable investing in Fidelity Mega
The fund invests at least 80 percent of its assets in common stocks of companies with mega market capitalizations . It invests in domestic and foreign issuers and invests in either growth stocks or value stocks or both. The adviser uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.
Fidelity Mega Mutual Fund Technical Analysis
Fidelity Mega 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 Mega Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Fidelity Mega Cap 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 Mega December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Mega 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 Mega shares will generate the highest return on investment. By undertsting and applying Fidelity Mega mutual fund market strength indicators, traders can identify Fidelity Mega Cap entry and exit signals to maximize returns
Fidelity Mega Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Mega'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 | 0.1778 | |||
| Jensen Alpha | 0.137 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | 0.0538 | |||
| Treynor Ratio | 2.95 |
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| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Mega 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 Mega security.
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