Fidelity Small Cap Fund Quote
| FIDGX Fund | USD 29.93 0.20 0.66% |
Performance7 of 100
| Odds Of DistressLess than 21
|
Fidelity Small is trading at 29.93 as of the 18th of April 2024; that is -0.66% down since the beginning of the trading day. The fund's open price was 30.13. Fidelity Small has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fidelity Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests primarily in common stocks. It invests at least 80 percent of its assets in securities of companies with small market capitalizations. The fund invests in companies that Fidelity Management Research Company LLC believes have above-average growth potential . More on Fidelity Small Cap
Moving together with Fidelity Mutual Fund
| 0.93 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 0.98 | FPURX | Fidelity Puritan | PairCorr |
| 0.98 | FPUKX | Fidelity Puritan | PairCorr |
| 0.92 | FQIFX | Fidelity Freedom Index | PairCorr |
| 0.98 | FQIPX | Fidelity Freedom Index | PairCorr |
| 0.89 | FQITX | Fidelity Salem Street | PairCorr |
Fidelity Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Fidelity Investments Funds, Large Funds, Small Growth Funds, Small Growth, Fidelity Investments, Large, Small Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
Fidelity Small Cap [FIDGX] is traded in USA and was established 18th of April 2024. Fidelity Small is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Fidelity Investments family. This fund currently has accumulated 4.93 B in assets under management (AUM) with no minimum investment requirementsFidelity Small Cap is currently producing year-to-date (YTD) return of 8.57%, while the total return for the last 3 years was 0.08%.
Check Fidelity Small Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Small Cap Mutual Fund Constituents
| LHCG | LHC Group | Stock | Health Care |
| HUBS | HubSpot | Stock | Information Technology |
| GRUB | GrubHub | Stock | Internet Retail |
| SITM | Sitime | Stock | Information Technology |
| PLUG | Plug Power | Stock | Industrials |
| EPAM | EPAM Systems | Stock | Information Technology |
| PLCE | Childrens Place | Stock | Consumer Discretionary |
Fidelity Small Target Price Odds Analysis
Based on a normal probability distribution, the odds of Fidelity Small jumping above the current price in 90 days from now is about 65.81%. The Fidelity Small Cap probability density function shows the probability of Fidelity Small mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.5346. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fidelity Small will likely underperform. Additionally, fidelity Small Cap has an alpha of 0.0401, implying that it can generate a 0.0401 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity Small to move above the current price in 90 days from now is about 65.81 (This Fidelity Small Cap probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Fidelity Small Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Small market risk premium is the additional return an investor will receive from holding Fidelity Small long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Small. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Small's alpha and beta are two of the key measurements used to evaluate Fidelity Small's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9388 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 |
Fidelity Small Against Markets
Picking the right benchmark for Fidelity Small mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Small mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Small is critical whether you are bullish or bearish towards Fidelity Small Cap at a given time. Please also check how Fidelity Small's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity Small without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Fidelity Mutual Fund?
Before investing in Fidelity Small, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Small. To buy Fidelity Small fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Small. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Small fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Small Cap fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity Small Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Fidelity Small Cap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Fidelity Small Cap?
The danger of trading Fidelity Small Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Small is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Small. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Small Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Small Cap. 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 price. Note that the Fidelity Small Cap information on this page should be used as a complementary analysis to other Fidelity Small'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..