Fidelity Nasdaq Posite Fund Market Value

FNCMX Fund  USD 239.10  3.86  1.64%   
Fidelity Nasdaq's market value is the price at which a share of Fidelity Nasdaq trades on a public exchange. It measures the collective expectations of Fidelity Nasdaq Posite investors about its performance. Fidelity Nasdaq is trading at 239.10 as of the 2nd of March 2025; that is 1.64 percent increase since the beginning of the trading day. The fund's open price was 235.24.
With this module, you can estimate the performance of a buy and hold strategy of Fidelity Nasdaq Posite and determine expected loss or profit from investing in Fidelity Nasdaq over a given investment horizon. Check out Fidelity Nasdaq Correlation, Fidelity Nasdaq Volatility and Fidelity Nasdaq Alpha and Beta module to complement your research on Fidelity Nasdaq.
Symbol

Please note, there is a significant difference between Fidelity Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fidelity Nasdaq '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 Nasdaq'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 Nasdaq.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Fidelity Nasdaq on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Nasdaq Posite or generate 0.0% return on investment in Fidelity Nasdaq over 30 days. Fidelity Nasdaq is related to or competes with Fidelity 500, Fidelity Total, Retailing Portfolio, Software And, and Medical Equipment. The fund normally invests at least 80 percent of assets in common stocks included in the index More

Fidelity Nasdaq 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 Nasdaq'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 Nasdaq Posite upside and downside potential and time the market with a certain degree of confidence.

Fidelity Nasdaq Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Nasdaq's standard deviation. In reality, there are many statistical measures that can use Fidelity Nasdaq historical prices to predict the future Fidelity Nasdaq's volatility.
Hype
Prediction
LowEstimatedHigh
237.86239.12240.38
Details
Intrinsic
Valuation
LowRealHigh
215.19240.70241.96
Details
Naive
Forecast
LowNextHigh
231.64232.90234.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
237.71247.94258.17
Details

Fidelity Nasdaq Posite Backtested Returns

Fidelity Nasdaq Posite secures Sharpe Ratio (or Efficiency) of -0.0304, which denotes the fund had a -0.0304 % return per unit of risk over the last 3 months. Fidelity Nasdaq Posite exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Nasdaq's Standard Deviation of 1.21, mean deviation of 0.9195, and Variance of 1.48 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Nasdaq is expected to be smaller as well.

Auto-correlation

    
  -0.44  

Modest reverse predictability

Fidelity Nasdaq Posite has modest reverse predictability. Overlapping area represents the amount of predictability between Fidelity Nasdaq time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Nasdaq Posite price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Fidelity Nasdaq price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.42
Residual Average0.0
Price Variance43.25

Fidelity Nasdaq Posite lagged returns against current returns

Autocorrelation, which is Fidelity Nasdaq 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 Nasdaq's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Nasdaq returns to help us make a trade decision. For example, suppose you find that Fidelity Nasdaq 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 Nasdaq 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 Nasdaq mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Nasdaq 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 Nasdaq mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Fidelity Nasdaq Lagged Returns

When evaluating Fidelity Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Nasdaq mutual fund have on its future price. Fidelity Nasdaq 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 Nasdaq autocorrelation shows the relationship between Fidelity Nasdaq mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Nasdaq Posite.
   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 Nasdaq 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 Nasdaq security.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Stocks Directory
Find actively traded stocks across global markets