Fidelity International Discovery Fund Manager Performance Evaluation
The fund shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity International is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity International Discovery are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Fidelity International is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5000 |
Fidelity |
Fidelity International Relative Risk vs. Return Landscape
If you would invest 4,903 in Fidelity International Discovery on December 13, 2024 and sell it today you would earn a total of 150.00 from holding Fidelity International Discovery or generate 3.06% return on investment over 90 days. Fidelity International Discovery is currently producing 0.0562% returns and takes up 1.018% volatility of returns over 90 trading days. Put another way, 9% 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 International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity International's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity International Discovery, and traders can use it to determine the average amount a Fidelity International'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 = 0.0552
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| Cash | FZAIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Fidelity International is performing at about 4% 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 International by adding it to a well-diversified portfolio.
Fidelity International Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity International, and Fidelity International 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 | 19.10 X | ||||
| Price To Book | 2.11 X | ||||
| Price To Sales | 1.48 X | ||||
| Total Asset | 10.98 B | ||||
About Fidelity International Performance
Evaluating Fidelity International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity International 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 International 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 allocates its investments across different countries and regions. Fidelity Advisor is traded on NASDAQ Exchange in the United States.Things to note about Fidelity International performance evaluation
Checking the ongoing alerts about Fidelity International for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity International is not yet fully synchronised with the market data | |
| The fund retains 98.4% of its assets under management (AUM) in equities |
- Analyzing Fidelity International'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 International's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity International'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 International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity International's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity International's mutual fund. These opinions can provide insight into Fidelity International's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity International 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 International security.
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