Fidelity Advisor Technology Fund Manager Performance Evaluation

FATIX Fund  USD 150.10  1.27  0.84%   
The fund shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. Fidelity Advisor returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Advisor is expected to follow.

Risk-Adjusted Performance

15 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Advisor Technology are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Fidelity Advisor showed solid returns over the last few months and may actually be approaching a breakup point.
...more
1
Is Fidelity Advisor Technology I a Strong Mutual Fund Pick Right Now - Yahoo Finance
11/07/2024
Expense Ratio0.6800
  

Fidelity Advisor Relative Risk vs. Return Landscape

If you would invest  12,953  in Fidelity Advisor Technology on September 11, 2024 and sell it today you would earn a total of  2,057  from holding Fidelity Advisor Technology or generate 15.88% return on investment over 90 days. Fidelity Advisor Technology is currently producing 0.2414% returns and takes up 1.2059% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Fidelity, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Fidelity Advisor is expected to generate 1.64 times more return on investment than the market. However, the company is 1.64 times more volatile than its market benchmark. It trades about 0.2 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.18 per unit of risk.

Fidelity Advisor Current Valuation

Undervalued
Today
150.10
Please note that Fidelity Advisor's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Fidelity Advisor Tec shows a prevailing Real Value of $160.87 per share. The current price of the fund is $150.1. We determine the value of Fidelity Advisor Tec from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Advisor is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Advisor's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  150.1 Real  160.87 Hype  150.69 Naive  152.74
The intrinsic value of Fidelity Advisor's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Advisor's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
135.09
Downside
160.87
Real Value
162.08
Upside
Estimating the potential upside or downside of Fidelity Advisor Technology helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Advisor more accurately as focusing exclusively on Fidelity Advisor's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
142.18147.93153.68
Details
Hype
Prediction
LowEstimatedHigh
149.48150.69151.90
Details
Naive
Forecast
LowNext ValueHigh
151.53152.74153.94
Details

Fidelity Advisor Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Advisor's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Advisor Technology, and traders can use it to determine the average amount a Fidelity Advisor's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2002

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsFATIX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Fidelity Advisor 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 Advisor by adding it to a well-diversified portfolio.

Fidelity Advisor Fundamentals Growth

Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Advisor, and Fidelity Advisor fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Mutual Fund performance.

About Fidelity Advisor Performance

Evaluating Fidelity Advisor's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Advisor has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Advisor has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests primarily in common stocks. It invests at least 80 percent of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. The fund invests in domestic and foreign issuers. It 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.

Things to note about Fidelity Advisor Tec performance evaluation

Checking the ongoing alerts about Fidelity Advisor for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Advisor Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 95.89% of its assets under management (AUM) in equities
Evaluating Fidelity Advisor's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity Advisor's mutual fund performance include:
  • Analyzing Fidelity Advisor's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Advisor's stock is overvalued or undervalued compared to its peers.
  • Examining Fidelity Advisor's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Fidelity Advisor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Advisor's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Fidelity Advisor's mutual fund. These opinions can provide insight into Fidelity Advisor's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fidelity Advisor's mutual fund performance is not an exact science, and many factors can impact Fidelity Advisor's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world