Fidelity Equity Income Fund Manager Performance Evaluation
| FEQIX Fund | USD 73.56 0.76 1.02% |
The fund shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Equity-income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Equity-income is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Fidelity Equity Income Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's forward indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more1 | Fidelity Equity-Income Fund Q3 2024 Review - Seeking Alpha | 11/14/2024 |
| Expense Ratio Date | 1st of April 2023 | |
| Expense Ratio | 0.5400 |
Fidelity |
Fidelity Equity-income Relative Risk vs. Return Landscape
If you would invest 7,974 in Fidelity Equity Income Fund on October 12, 2024 and sell it today you would lose (618.00) from holding Fidelity Equity Income Fund or give up 7.75% of portfolio value over 90 days. Fidelity Equity Income Fund is currently producing negative expected returns and takes up 0.7159% volatility of returns over 90 trading days. Put another way, 6% of traded mutual 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 Equity-income Current Valuation
Fairly Valued
Today
Please note that Fidelity Equity-income's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity Equity Income shows a prevailing Real Value of $75.12 per share. The current price of the fund is $73.56. We determine the value of Fidelity Equity Income 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 Equity-income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Equity-income'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 73.56 | Real 75.12 | Hype 74.27 | Naive 76.63 |
The intrinsic value of Fidelity Equity-income'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 Equity-income'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 Equity Income Fund 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 Equity-income more accurately as focusing exclusively on Fidelity Equity-income's fundamentals will not take into account other important factors: Fidelity Equity-income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Equity-income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Equity Income Fund, and traders can use it to determine the average amount a Fidelity Equity-income'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 = -0.1811
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FEQIX |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Equity-income 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 Equity-income by adding Fidelity Equity-income to a well-diversified portfolio.
Fidelity Equity-income Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Equity-income, and Fidelity Equity-income 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.
| Price To Earning | 15.68 X | ||||
| Price To Book | 1.80 X | ||||
| Price To Sales | 1.52 X | ||||
| Total Asset | 6.79 B | ||||
About Fidelity Equity-income Performance
Evaluating Fidelity Equity-income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Equity-income 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 Equity-income 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 at least 80 percent of assets in equity securities. It primarily invests income-producing equity securities, which tends to lead to investments in large cap value stocks. The fund invests in domestic and foreign issuers. It potentially invests in other types of equity securities and debt securities, including lower-quality debt securities.Things to note about Fidelity Equity Income performance evaluation
Checking the ongoing alerts about Fidelity Equity-income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Equity Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity Equity-income generated a negative expected return over the last 90 days | |
| The fund retains 98.69% of its assets under management (AUM) in equities |
- Analyzing Fidelity Equity-income'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 Equity-income's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Equity-income'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 Equity-income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Equity-income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Equity-income's mutual fund. These opinions can provide insight into Fidelity Equity-income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity Equity-income 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 Equity-income security.
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