Fidelity Advisor Munications Manager Performance

The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fidelity Advisor are completely uncorrelated.

Risk-Adjusted Performance

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Over the last 90 days Fidelity Advisor Munications has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Fidelity Advisor is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Fifty Two Week Low10.93
Fifty Two Week High16.38
Annual Report Expense Ratio2.15%
  

Fidelity Advisor Relative Risk vs. Return Landscape

If you would invest (100.00) in Fidelity Advisor Munications on January 23, 2024 and sell it today you would earn a total of  100.00  from holding Fidelity Advisor Munications or generate -100.0% return on investment over 90 days. Fidelity Advisor Munications is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than FIDELITY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Fidelity Advisor Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Advisor's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Advisor Munications, and traders can use it to determine the average amount a Fidelity Advisor's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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Based on monthly moving average Fidelity Advisor is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Advisor by adding Fidelity Advisor to a well-diversified portfolio.

Fidelity Advisor Fundamentals Growth

FIDELITY Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Advisor, and Fidelity Advisor fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on FIDELITY Mutual Fund performance.

Things to note about Fidelity Advisor Mun performance evaluation

Checking the ongoing alerts about Fidelity Advisor for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Advisor Mun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Fidelity Advisor Mun is not yet fully synchronised with the market data
Fidelity Advisor Mun has some characteristics of a very speculative penny stock
Fidelity Advisor Mun has a very high chance of going through financial distress in the upcoming years
The fund retains 95.39% of its assets under management (AUM) in equities
Evaluating Fidelity Advisor's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity Advisor's mutual fund performance include:
  • Analyzing Fidelity Advisor's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Advisor's stock is overvalued or undervalued compared to its peers.
  • Examining Fidelity Advisor's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Fidelity Advisor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Advisor's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Fidelity Advisor's mutual fund. These opinions can provide insight into Fidelity Advisor's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fidelity Advisor's mutual fund performance is not an exact science, and many factors can impact Fidelity Advisor's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Fidelity Advisor Mun information on this page should be used as a complementary analysis to other Fidelity Advisor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in FIDELITY Mutual Fund

If you are still planning to invest in Fidelity Advisor Mun check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fidelity Advisor's history and understand the potential risks before investing.
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