Fidelity Vertible Securities Fund Buy Hold or Sell Recommendation
| FICVX Fund | USD 32.30 0.29 0.91% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Fidelity Vertible Securities is 'Strong Hold'. Macroaxis provides Fidelity Convertible buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FICVX positions. The advice algorithm takes into account all of Fidelity Convertible's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Fidelity Convertible's buy or sell advice are summarized below:
Real Value 32.35 | Hype Value 32.3 | Market Value 32.3 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fidelity Vertible Securities given historical horizon and risk tolerance towards Fidelity Convertible. When Macroaxis issues a 'buy' or 'sell' recommendation for Fidelity Vertible Securities, the advice is generated through an automated system that utilizes algorithms and statistical models.
Fidelity |
Execute Fidelity Convertible Buy or Sell Advice
The Fidelity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fidelity Vertible Securities. Macroaxis does not own or have any residual interests in Fidelity Vertible Securities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fidelity Convertible's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Fidelity Convertible Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio - Yahoo Movies UK | |
| The fund generated three year return of -1.0% | |
| Fidelity Convertible retains most of the assets under management (AUM) in different types of exotic instruments. |
Fidelity Convertible Returns Distribution Density
The distribution of Fidelity Convertible's historical returns is an attempt to chart the uncertainty of Fidelity Convertible's future price movements. The chart of the probability distribution of Fidelity Convertible daily returns describes the distribution of returns around its average expected value. We use Fidelity Vertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fidelity Convertible returns is essential to provide solid investment advice for Fidelity Convertible.
| Mean Return | 0.02 | Value At Risk | -1.07 | Potential Upside | 0.77 | Standard Deviation | 0.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fidelity Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fidelity Convertible Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fidelity Convertible or Fidelity Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fidelity Convertible's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fidelity fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.15 |
Fidelity Convertible Volatility Alert
Fidelity Vertible Securities exhibits very low volatility with skewness of -0.46 and kurtosis of -0.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fidelity Convertible's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fidelity Convertible's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fidelity Convertible Fundamentals Vs Peers
Comparing Fidelity Convertible's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fidelity Convertible's direct or indirect competition across all of the common fundamentals between Fidelity Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fidelity Convertible or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Fidelity Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fidelity Convertible by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fidelity Convertible to competition |
| Fundamentals | Fidelity Convertible | Peer Average |
| Price To Earning | 7.63 X | 6.53 X |
| Price To Book | 2.44 X | 0.74 X |
| Price To Sales | 2.03 X | 0.61 X |
| Annual Yield | 0.02 % | 0.29 % |
| Year To Date Return | 0.92 % | 0.39 % |
| One Year Return | 5.98 % | 4.15 % |
| Three Year Return | (1.21) % | 3.60 % |
| Five Year Return | 10.51 % | 3.24 % |
| Ten Year Return | 8.95 % | 1.79 % |
| Net Asset | 1.43 B | 4.11 B |
| Last Dividend Paid | 0.11 | 0.65 |
| Cash Position Weight | 1.92 % | 10.61 % |
| Equity Positions Weight | 17.98 % | 63.90 % |
| Bond Positions Weight | 0.44 % | 11.24 % |
Fidelity Convertible Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fidelity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.3 | |||
| Day Typical Price | 32.3 | |||
| Price Action Indicator | 0.14 | |||
| Period Momentum Indicator | 0.29 |
About Fidelity Convertible Buy or Sell Advice
When is the right time to buy or sell Fidelity Vertible Securities? Buying financial instruments such as Fidelity Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Fidelity Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out Fidelity Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.