Fidelity High Income Fund Price on December 2, 2024
| SPHIX Fund | USD 7.87 0.01 0.13% |
Below is the normalized historical share price chart for Fidelity High Income extending back to June 18, 1991. 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 High stands at 7.87, as last reported on the 24th of December, with the highest price reaching 7.87 and the lowest price hitting 7.87 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 High Income secures Sharpe Ratio (or Efficiency) of -0.0202, which denotes the fund had a -0.0202% return per unit of risk over the last 3 months. Fidelity High Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity High's Standard Deviation of 0.1869, mean deviation of 0.1226, and Variance of 0.0349 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 = -0.0202
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPHIX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity High 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 High by adding Fidelity High to a well-diversified portfolio.
Fidelity High Valuation on December 2, 2024
It is possible to determine the worth of Fidelity High on a given historical date. On December 2, 2024 Fidelity was worth 7.98 at the beginning of the trading date compared to the closed value of 7.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity High mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity High's related companies.
| Open | High | Low | Close | Volume | |
| 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
12/02/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 |
| 7.98 | 7.98 | 7.98 | 7.98 | 1.00 |
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Fidelity High Trading Date Momentum on December 2, 2024
| On December 03 2024 Fidelity High Income was traded for 7.98 at the closing time. The highest daily price throughout the period was 7.98 and the lowest price was 7.98 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 did not affect price variability. The overall trading delta to current closing price is 0.13% . |
Fidelity High Income Fundamentals Correlations and Trends
By evaluating Fidelity High'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 High'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 High Mutual Fund history
Fidelity High 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 High Income 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 High stock prices may prove useful in developing a viable investing in Fidelity High
The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The fund invests in companies in troubled or uncertain financial condition.
Fidelity High Mutual Fund Technical Analysis
Fidelity High 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 High Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Fidelity High Income 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 High December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity High 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 High shares will generate the highest return on investment. By undertsting and applying Fidelity High mutual fund market strength indicators, traders can identify Fidelity High Income entry and exit signals to maximize returns
Fidelity High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity High'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 | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.11) |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity High 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 High security.
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