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Relative Risk vs. Return Landscape
If you would invest 1,716
in Fidelity Asset Manager 50 on April 21, 2013
and sell it today you would earn a total of 49.00
from holding Fidelity Asset Manager 50 or generate 2.86%
return on investment over 30
days. Fidelity Asset Manager 50 is currently producing 0.17% returns and takes up 0.27% volatility of returns over 30 trading days. Put another way, 3% of traded equities are less volatile than the company and 91% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Fidelity Asset Manager 50 is expected to generate 1.82 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.04 times less risky than the market. It trades about 0.63 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.56 of returns per unit of risk over similar time horizon.
Fidelity Price to Book
Based on latest financial disclosure the price to book indicator of Fidelity Asset Manager 50 is roughly 1.83 times. This is 12.27% higher than that of Fidelity Investments family, and about the same as Moderate Allocation
(which currently averages 1.86666667) category, The Price to Book for all funds is 75.96% 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 Asset Manager 50 has Year to Date Return of 4.13%. This indicator is about the same for Fidelity Investments average (which is currently at 4.16) family, and 20.96% higher than that of Moderate Allocation
category, The Year to Date Return for all funds is 35.86% 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 Asset Manager 50 is one of the top funds 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 Asset Manager 50 is roughly 8.03