Fidelity Govt Cash Fund Manager Performance Evaluation
| FDRXX Fund | USD 1.00 0.00 0.00% |
The fund shows a Beta (market volatility) of 0.0012, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Govt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Govt is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Govt Cash are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Fidelity Govt is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.2600 |
Fidelity |
Fidelity Govt Relative Risk vs. Return Landscape
If you would invest 99.00 in Fidelity Govt Cash on September 26, 2024 and sell it today you would earn a total of 1.00 from holding Fidelity Govt Cash or generate 1.01% return on investment over 90 days. Fidelity Govt Cash is currently producing 0.016% returns and takes up 0.1273% volatility of returns over 90 trading days. Put another way, 1% of traded money market funds are less volatile than Fidelity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Govt Current Valuation
Undervalued
Today
Please note that Fidelity Govt's price fluctuation is not too volatile at this time. Today, the entity appears to be undervalued. Fidelity Govt Cash shows a prevailing Real Value of $1.09 per share. The current price of the fund is $1.0. We determine the value of Fidelity Govt Cash from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued money market funds and dropping overvalued money market funds since, at some point, money market fund prices and their ongoing real values will submerge.
Since Fidelity Govt is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Money Market Fund. However, Fidelity Govt'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 1.0 | Real 1.09 | Hype 1.0 |
The intrinsic value of Fidelity Govt'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 Govt'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.
Estimating the potential upside or downside of Fidelity Govt Cash helps investors to forecast how Fidelity money market 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 Govt more accurately as focusing exclusively on Fidelity Govt's fundamentals will not take into account other important factors: Fidelity Govt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Govt's investment risk. Standard deviation is the most common way to measure market volatility of money market funds, such as Fidelity Govt Cash, and traders can use it to determine the average amount a Fidelity Govt'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 = 0.126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDRXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Govt is performing at about 9% 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 Govt by adding it to a well-diversified portfolio.
Fidelity Govt Fundamentals Growth
Fidelity Money Market Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Govt, and Fidelity Govt 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 Money Market Fund performance.
| Total Asset | 115.68 B | ||||
About Fidelity Govt Performance
Evaluating Fidelity Govt's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Govt 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 Govt 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.
Fidelity Govt is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Fidelity Govt Cash performance evaluation
Checking the ongoing alerts about Fidelity Govt for important developments is a great way to find new opportunities for your next move. Money Market Fund alerts and notifications screener for Fidelity Govt Cash help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity Govt Cash has some characteristics of a very speculative penny stock | |
| Latest headline from news.google.com: 3 AQR Mutual Funds for Long-Term Returns - Yahoo Finance | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing Fidelity Govt'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 Govt's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Govt'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 Govt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Govt's management team can help you assess the Money Market Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Govt's money market fund. These opinions can provide insight into Fidelity Govt's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Money Market Fund
Fidelity Govt financial ratios help investors to determine whether Fidelity Money Market 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 Govt security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |