The fund shows Beta (market volatility) of 0.55 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.. Although it is extremely important to respect Fidelity Advisor Intl
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 Intl technical indicators
you can presently evaluate if the expected return of 0.08% will be sustainable into the future.
Relative Risk vs. Return Landscape
If you would invest 1,246
in Fidelity Advisor Intl Capital App B on November 11, 2013
and sell it today you would earn a total of 21.00
from holding Fidelity Advisor Intl Capital App B or generate 1.69%
return on investment over 30
days. Fidelity Advisor Intl Capital App B is currently producing 0.08% returns and takes up 0.5% volatility of returns over 30 trading days. Put another way, 5% of traded equities are less volatile than the company and 98% 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 Intl Capital App B is expected to generate about the same return on investment as the market.However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.16 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.18 per unit of risk.
Manager Realized Returns
The fund invests primarily in nonU
Fidelity Price to Book
Based on latest financial disclosure the price to book indicator of Fidelity Advisor Intl Capital App B is roughly 2.62 times. This is 55.03% higher than that of Fidelity Investments family, and 2.43% higher than that of Foreign Large Growth
category, The Price to Book for all funds is 178.72% 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 Intl Capital App B has Year to Date Return of 17.25%. This is 33.93% higher than that of Fidelity Investments family, and 21.74% higher than that of Foreign Large Growth
category, The Year to Date Return for all funds is 228.57% 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.