Fidelity Advisor Series Fund Price on May 17, 2023
FMFMX Fund | USD 16.36 0.01 0.06% |
Below is the normalized historical share price chart for Fidelity Advisor Series extending back to June 11, 2014. 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 Advisor stands at 16.36, as last reported on the 27th of December, with the highest price reaching 16.36 and the lowest price hitting 16.36 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 Advisor Series secures Sharpe Ratio (or Efficiency) of -0.0882, which denotes the fund had a -0.0882% return per unit of risk over the last 3 months. Fidelity Advisor Series exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Advisor's Standard Deviation of 2.89, mean deviation of 1.07, and Variance of 8.36 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 = -0.0882
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Estimated Market Risk
2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.26 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 Advisor 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 Advisor by adding Fidelity Advisor to a well-diversified portfolio.
Fidelity Advisor Valuation on May 17, 2023
It is possible to determine the worth of Fidelity Advisor on a given historical date. On May 17, 2023 Fidelity was worth 12.83 at the beginning of the trading date compared to the closed value of 12.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Advisor mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Advisor'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 Advisor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Advisor's related companies.
Open | High | Low | Close | Volume | |
12.66 | 12.66 | 12.66 | 12.66 | 1.00 | |
05/17/2023 | 12.83 | 12.83 | 12.83 | 12.83 | 1.00 |
12.99 | 12.99 | 12.99 | 12.99 | 1.00 |
Backtest Fidelity Advisor | | | Fidelity Advisor History | | | Fidelity Advisor Valuation | Previous | Next |
Fidelity Advisor Trading Date Momentum on May 17, 2023
On May 18 2023 Fidelity Advisor Series was traded for 12.99 at the closing time. The highest daily price throughout the period was 12.99 and the lowest price was 12.99 . There was no trading activity during the period 1.0. Lack of trading volume on 05/18/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.25% . The overall trading delta to current closing price is 2.88% . |
Fidelity Advisor Series Fundamentals Correlations and Trends
By evaluating Fidelity Advisor'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 Advisor'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 Advisor Mutual Fund history
Fidelity Advisor 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 Advisor Series 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 Advisor stock prices may prove useful in developing a viable investing in Fidelity Advisor
The fund normally invests at least 80 percent of its assets in equity securities. It normally invests primarily in common stocks. The fund invests in companies that Fidelity Management Research Company LLC believes have above-average growth potential . The advisor 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 Advisor Mutual Fund Technical Analysis
Fidelity Advisor 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 Advisor Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Fidelity Advisor Series 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 Advisor December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Advisor 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 Advisor shares will generate the highest return on investment. By undertsting and applying Fidelity Advisor mutual fund market strength indicators, traders can identify Fidelity Advisor Series entry and exit signals to maximize returns
Fidelity Advisor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Advisor'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 | (0.27) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (0.84) |
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 Advisor 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 Advisor security.
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