Banking Portfolio Banking Fund Quote
| FSRBX Fund | USD 25.85 0.30 1.15% |
Performance1 of 100
| Odds Of DistressLess than 23
|
Banking Portfolio is trading at 25.85 as of the 29th of April 2024; that is -1.15 percent decrease since the beginning of the trading day. The fund's open price was 26.15. Banking Portfolio has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Banking Portfolio Banking are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
The fund invests primarily in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in banking. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. More on Banking Portfolio Banking
Moving together with Banking Mutual Fund
| 0.63 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 0.64 | FQIPX | Fidelity Freedom Index | PairCorr |
Banking Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Banking Portfolio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Banking Portfolio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Fidelity Investments Funds, Large Funds, Financial Funds, Financial, Fidelity Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of April 2023 |
| Fiscal Year End | February |
Banking Portfolio Banking [FSRBX] is traded in USA and was established 29th of April 2024. Banking Portfolio is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Financial category and is part of Fidelity Investments family. This fund currently has accumulated 343.35 M in assets under management (AUM) with no minimum investment requirementsBanking Portfolio Banking is currently producing year-to-date (YTD) return of 1.4% with the current yeild of 0.03%, while the total return for the last 3 years was 0.9%.
Check Banking Portfolio Probability Of Bankruptcy
Instrument Allocation
Top Banking Portfolio Banking Mutual Fund Constituents
| JPM | JPMorgan Chase Co | Stock | Financials |
| FHB | First Hawaiian | Stock | Financials |
| ZION | Zions Bancorporation | Stock | Financials |
| BAC | Bank of America | Stock | Financials |
| WTFC | Wintrust Financial | Stock | Financials |
| WSBC | WesBanco | Stock | Financials |
| WFC | Wells Fargo | Stock | Financials |
Banking Portfolio Target Price Odds Analysis
Based on a normal probability distribution, the odds of Banking Portfolio jumping above the current price in 90 days from now is about 11.08%. The Banking Portfolio Banking probability density function shows the probability of Banking Portfolio mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.4191. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Banking Portfolio will likely underperform. Additionally, banking Portfolio Banking has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Banking Portfolio to move above the current price in 90 days from now is about 11.08 (This Banking Portfolio Banking probability density function shows the probability of Banking Mutual Fund to fall within a particular range of prices over 90 days) .
Banking Portfolio Banking Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Banking Portfolio market risk premium is the additional return an investor will receive from holding Banking Portfolio long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Banking Portfolio. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Banking Portfolio's alpha and beta are two of the key measurements used to evaluate Banking Portfolio's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.97 |
Banking Portfolio Against Markets
Picking the right benchmark for Banking Portfolio mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Banking Portfolio mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Banking Portfolio is critical whether you are bullish or bearish towards Banking Portfolio Banking at a given time. Please also check how Banking Portfolio's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Banking Portfolio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Banking Mutual Fund?
Before investing in Banking Portfolio, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Banking Portfolio. To buy Banking Portfolio fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Banking Portfolio. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Banking Portfolio fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Banking Portfolio Banking fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Banking Portfolio Banking fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Banking Portfolio Banking, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Banking Portfolio Banking?
The danger of trading Banking Portfolio Banking is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Banking Portfolio is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Banking Portfolio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Banking Portfolio Banking is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Banking Portfolio Banking. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Banking Portfolio Banking information on this page should be used as a complementary analysis to other Banking Portfolio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.