Fidelity Telecom And Fund Market Value
| FIUIX Fund | USD 34.70 0.10 0.29% |
| Symbol | Fidelity |
Fidelity Telecom '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 Telecom'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 Telecom.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Fidelity Telecom on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Telecom And or generate 0.0% return on investment in Fidelity Telecom over 30 days. Fidelity Telecom is related to or competes with Utilities Portfolio, Telecommunications, Insurance Portfolio, Wireless Portfolio, and Consumer Discretionary. The fund invests primarily in common stocks More
Fidelity Telecom 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 Telecom'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 Telecom And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0121 | |||
| Maximum Drawdown | 4.3 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.36 |
Fidelity Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Telecom's standard deviation. In reality, there are many statistical measures that can use Fidelity Telecom historical prices to predict the future Fidelity Telecom's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0276 | |||
| Treynor Ratio | (0.13) |
Fidelity Telecom And Backtested Returns
Fidelity Telecom And secures Sharpe Ratio (or Efficiency) of -0.0378, which denotes the fund had a -0.0378 % return per unit of risk over the last 3 months. Fidelity Telecom And exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Telecom's Mean Deviation of 0.7267, variance of 0.8962, and Standard Deviation of 0.9467 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Telecom is expected to be smaller as well.
Auto-correlation | -0.52 |
Good reverse predictability
Fidelity Telecom And has good reverse predictability. Overlapping area represents the amount of predictability between Fidelity Telecom time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 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 Telecom And price movement. The serial correlation of -0.52 indicates that about 52.0% of current Fidelity Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Fidelity Telecom And lagged returns against current returns
Autocorrelation, which is Fidelity Telecom 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 Telecom's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Telecom returns to help us make a trade decision. For example, suppose you find that Fidelity Telecom 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 Telecom 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 Telecom mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Telecom 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 Telecom mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Telecom Lagged Returns
When evaluating Fidelity Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Telecom mutual fund have on its future price. Fidelity Telecom 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 Telecom autocorrelation shows the relationship between Fidelity Telecom mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Telecom And.
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 Telecom 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 Telecom security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |