Fidelity risk analysis

Use Fidelity Fifty risk analysis concurrently with your other holdings, portfolios, and investing themes to enhance returns of your portfolios and to back test it against optimization strategy that fits your risk preferences.  Analyze Themes

Projected Return Density against Market

Assuming 30 trading days horizon, the fund has beta cooficient of 1.42 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Fidelity will likely underperform. In addition to that, Fidelity Fifty has alpha of 1.42 implying that it can potentially generate 1.42% excess return over S&P 500 after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of Fidelity is 258.9. The daily returns are destributed with a variance of 0.66 and standard deviation of 0.81. The mean deviation of Fidelity Fifty is currently at 0.65. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.54

	(alpha)	=	1.42	Details
	(beta)	=	1.42	Details
	(volatility)	=	0.81	Details

Actual Return Volatility

Fidelity Fifty shows 0.81% volatility of returns over 30 trading days. S&P 500 shows 0.54% volatility of returns over 30 trading days.