The fund shows Beta (market volatility) of 0.0 which denotes to the fact that Unless we do not have data at the moment the returns on MARKET and Fidelity are completely uncorrelated Although it is extremely important to respect Fidelity Advisor Large
historical returns, it is beter to be realistic about what you can do with the information about equity current trading patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By reviewing Fidelity Advisor Large technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Relative Risk vs. Return Landscape
If you would invest 0.00
in Fidelity Advisor Large Cap A on May 20, 2013
and sell it today you would earn a total of 0.00
from holding Fidelity Advisor Large Cap A or generate 0.0%
return on investment over 30
days. Fidelity Advisor Large Cap A is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Fidelity Price to Book
Based on latest financial disclosure the price to book indicator of Fidelity Advisor Large Cap A is roughly 1.57 times. This is 3.68% lower than that of Fidelity Investments family, and 12.04% lower than that of Large Blend
category, The Price to Book for all funds is 55.45% lower than the firm.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Fidelity Year to Date Return
Fidelity Advisor Large Cap A has Year to Date Return of 6.68%. This is 60.58% higher than that of Fidelity Investments family, and 6.11% lower than that of Large Blend
category, The Year to Date Return for all funds is 132.75% lower than the firm.
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Fidelity Price to Earning vs Price to Book
Fidelity Advisor Large Cap A is rated below average
in price to earning among similar funds. It is rated below average
in price to book among similar funds fabricating about 0.12
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Fidelity Advisor Large Cap A is roughly 8.27