Fidelity Global Equity Fund Manager Performance Evaluation
| FGEP Fund | 11.09 0.04 0.36% |
The fund shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Global is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Global Equity are ranked lower than 25 (%) of all funds and portfolios of funds over the last 90 days. In spite of very weak basic indicators, Fidelity Global may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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Fidelity Global Relative Risk vs. Return Landscape
If you would invest 1,004 in Fidelity Global Equity on September 3, 2024 and sell it today you would earn a total of 105.00 from holding Fidelity Global Equity or generate 10.46% return on investment over 90 days. Fidelity Global Equity is generating 0.1566% of daily returns and assumes 0.4762% volatility on return distribution over the 90 days horizon. Simply put, 4% of funds are less volatile than Fidelity, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fidelity Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Global's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Fidelity Global Equity, and traders can use it to determine the average amount a Fidelity Global'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 = 0.3289
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FGEP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Fidelity Global is performing at about 25% 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 Global by adding it to a well-diversified portfolio.
Things to note about Fidelity Global Equity performance evaluation
Checking the ongoing alerts about Fidelity Global for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Fidelity Global Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Fidelity Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity Global's fund performance include:- Analyzing Fidelity Global'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 Global's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Global'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 Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Global's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Global's fund. These opinions can provide insight into Fidelity Global's potential for growth and whether the stock is currently undervalued or overvalued.
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