Fidelity Enduring Opportunities Fund Market Value
| FEOPX Fund | USD 16.88 0.06 0.36% |
| Symbol | Fidelity |
Fidelity Enduring 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Enduring's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Enduring.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Fidelity Enduring on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Enduring Opportunities or generate 0.0% return on investment in Fidelity Enduring over 30 days. Fidelity Enduring is related to or competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, Fidelity Freedom, Fidelity Freedom, and Fidelity Salem. The fund invests in securities issued throughout the world More
Fidelity Enduring Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Enduring's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Enduring Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9409 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.23 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.22 |
Fidelity Enduring Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Enduring's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Enduring's standard deviation. In reality, there are many statistical measures that can use Fidelity Enduring historical prices to predict the future Fidelity Enduring's volatility.| Risk Adjusted Performance | 0.0351 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0619 |
Fidelity Enduring Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Enduring secures Sharpe Ratio (or Efficiency) of 0.061, which denotes the fund had a 0.061 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Enduring Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Enduring's Downside Deviation of 0.9409, mean deviation of 0.5748, and Coefficient Of Variation of 2354.37 to check if the risk estimate we provide is consistent with the expected return of 0.049%. The fund shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Enduring's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Enduring is expected to be smaller as well.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Fidelity Enduring Opportunities has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fidelity Enduring time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Enduring price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Fidelity Enduring price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Fidelity Enduring lagged returns against current returns
Autocorrelation, which is Fidelity Enduring mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Enduring's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Enduring returns to help us make a trade decision. For example, suppose you find that Fidelity Enduring has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fidelity Enduring regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Enduring mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Enduring mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Enduring mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Enduring Lagged Returns
When evaluating Fidelity Enduring's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Enduring mutual fund have on its future price. Fidelity Enduring autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Enduring autocorrelation shows the relationship between Fidelity Enduring mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Enduring Opportunities.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Mutual Fund
Fidelity Enduring 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 Enduring security.
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