Fidelity Nasdaq Posite Fund Manager Performance Evaluation
| FNCMX Fund | USD 225.74 1.17 0.52% |
The fund shows a Beta (market volatility) of 0.98, which means possible diversification benefits within a given portfolio. Fidelity Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Nasdaq is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Fidelity Nasdaq Posite has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's primary indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more1 | Fidelity Nasdaq Composite A Low-Cost, High-Performance Index Fund for Savvy Investors - HPBL | 02/26/2025 |
| Expense Ratio Date | 28th of January 2023 |
Fidelity |
Fidelity Nasdaq Relative Risk vs. Return Landscape
If you would invest 25,389 in Fidelity Nasdaq Posite on December 24, 2024 and sell it today you would lose (2,815) from holding Fidelity Nasdaq Posite or give up 11.09% of portfolio value over 90 days. Fidelity Nasdaq Posite is currently producing negative expected returns and takes up 1.4058% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Fidelity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Nasdaq Current Valuation
Overvalued
Today
Please note that Fidelity Nasdaq's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Nasdaq Posite shows a prevailing Real Value of $210.04 per share. The current price of the fund is $225.74. We determine the value of Fidelity Nasdaq Posite from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Nasdaq is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Nasdaq's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 225.74 | Real 210.04 | Hype 225.74 | Naive 232.34 |
The intrinsic value of Fidelity Nasdaq's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Nasdaq's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Nasdaq Posite helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Nasdaq more accurately as focusing exclusively on Fidelity Nasdaq's fundamentals will not take into account other important factors: Fidelity Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Nasdaq Posite, and traders can use it to determine the average amount a Fidelity Nasdaq'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 = -0.1322
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FNCMX |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Nasdaq is not performing at its full potential. However, 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 Nasdaq by adding Fidelity Nasdaq to a well-diversified portfolio.
Fidelity Nasdaq Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Nasdaq, and Fidelity Nasdaq fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Mutual Fund performance.
| Price To Earning | 21.38 X | ||||
| Price To Book | 3.42 X | ||||
| Price To Sales | 2.24 X | ||||
About Fidelity Nasdaq Performance
Evaluating Fidelity Nasdaq's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Nasdaq has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Nasdaq has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, priceearnings ratio, pricebook ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire index. The advisor lends securities to earn income for the fund.Things to note about Fidelity Nasdaq Posite performance evaluation
Checking the ongoing alerts about Fidelity Nasdaq for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Nasdaq Posite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity Nasdaq generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Fidelity Nasdaq Composite A Low-Cost, High-Performance Index Fund for Savvy Investors - HPBL | |
| The fund retains 99.73% of its assets under management (AUM) in equities |
- Analyzing Fidelity Nasdaq'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 Nasdaq's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Nasdaq'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 Nasdaq's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Nasdaq's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Nasdaq's mutual fund. These opinions can provide insight into Fidelity Nasdaq's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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