Fidelity Flex Servative Fund Market Value
| FUEMX Fund | USD 10.02 0.00 0.00% |
| Symbol | Fidelity |
Fidelity Flex '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 Flex'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 Flex.
| 07/09/2024 |
| 01/05/2025 |
If you would invest 0.00 in Fidelity Flex on July 9, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Flex Servative or generate 0.0% return on investment in Fidelity Flex over 180 days. Fidelity Flex is related to or competes with Alpine Dynamic, Alpine Global, HUMANA, Barloworld, Thrivent High, Morningstar Unconstrained, and High Yield. The fund normally invests at least 80 percent of its assets in U.S More
Fidelity Flex 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 Flex'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 Flex Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.129 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 0.5003 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1004 |
Fidelity Flex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Flex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Flex's standard deviation. In reality, there are many statistical measures that can use Fidelity Flex historical prices to predict the future Fidelity Flex's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | (1.11) |
Fidelity Flex Servative Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Flex Servative secures Sharpe Ratio (or Efficiency) of 0.089, which denotes the fund had a 0.089% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Fidelity Flex Servative, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Flex's Standard Deviation of 0.0711, coefficient of variation of 1557.41, and Mean Deviation of 0.0324 to check if the risk estimate we provide is consistent with the expected return of 0.0064%. The fund shows a Beta (market volatility) of 0.0049, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Flex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Flex is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Fidelity Flex Servative has very good predictability. Overlapping area represents the amount of predictability between Fidelity Flex time series from 9th of July 2024 to 7th of October 2024 and 7th of October 2024 to 5th 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 Flex Servative price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Fidelity Flex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fidelity Flex Servative lagged returns against current returns
Autocorrelation, which is Fidelity Flex 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 Flex's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Flex returns to help us make a trade decision. For example, suppose you find that Fidelity Flex 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 Flex 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 Flex mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Flex 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 Flex mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Flex Lagged Returns
When evaluating Fidelity Flex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Flex mutual fund have on its future price. Fidelity Flex 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 Flex autocorrelation shows the relationship between Fidelity Flex mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Flex Servative.
Regressed Prices |
| Timeline |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Flex 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 Flex security.
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