The fund shows Beta (market volatility) of 0.09 which denotes to the fact that as returns on market increase, Fidelity returns are expected to increase less than the market. However during bear market, the loss on holding Fidelity will be expected to be smaller as well. Even though it is essential to pay attention to
Fidelity Advisor Con historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy towards predicting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Fidelity Advisor Consumer Discret C exposes twenty-one different technical indicators which can help you to evaluate its performance.
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Investment horizon:
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30 Days
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Relative Risk vs. Return Landscape
If you would invest
1,638 in Fidelity Advisor Consumer Discret C on
May 19, 2013 and sell it today you would
lose (28.00) from holding Fidelity Advisor Consumer Discret C or give up
1.71% of portfolio value over
30 days. Fidelity Advisor Consumer Discret C is currently producing negative expected returns and takes up 0.79% volatility of returns over 30 trading days. Put another way, 9% 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 (%)
Assuming 30 trading days horizon, Fidelity Advisor Consumer Discret C is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.06 times less risky than the market. the firm trades about -0.27 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 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 Advisor Consumer Discret C is roughly 2.97 times. This is 82.21% higher than that of Fidelity Investments family, and about the same as
Consumer Cyclical (which currently averages 2.96181818) category, The Price to Book for all funds is 194.06% 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 Consumer Discret C has Year to Date Return of 7.17%. This is 72.36% higher than that of Fidelity Investments family, and 4.87% higher than that of
Consumer Cyclical category, The Year to Date Return for all funds is 146.39% 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 Consumer Discret C is rated
# 3 fund in price to earning among similar funds. It is rated
# 3 fund in price to book among similar funds fabricating about
0.18 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Fidelity Advisor Consumer Discret C is roughly
5.58