The fund shows Beta (market volatility) of 0.88 which denotes to the fact that Fidelity returns are very sensitive to returns on the market. as market goes up or down, Fidelity is expected to follow.. Although it is extremely important to respect Fidelity Advisor Stock
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 Stock technical indicators
you can presently evaluate if the expected return of 0.05% will be sustainable into the future.
Relative Risk vs. Return Landscape
If you would invest 2,626
in Fidelity Advisor Stock Selector Mid Cp B on November 11, 2013
and sell it today you would earn a total of 28.00
from holding Fidelity Advisor Stock Selector Mid Cp B or generate 1.07%
return on investment over 30
days. Fidelity Advisor Stock Selector Mid Cp B is currently producing 0.05% returns and takes up 0.47% volatility of returns over 30 trading days. Put another way, 5% 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 Stock Selector Mid Cp B is expected to generate 1.6 times less return on investment than the market. In addition to that, the company is 1.04 times more volatile than its market benchmark. It trades about 0.11 of its total potential returns per unit of risk. The S&P 500 is currently generating roughly 0.18 per unit of volatility.
Manager Realized Returns
Since joining Fidelity Investments in 1995 Saperstone has worked as a research analyst and manager.. . The fund normally invests at least 80% of assets in stocks of companies with medium market capitalizations
Fidelity Price to Book
Based on latest financial disclosure the price to book indicator of Fidelity Advisor Stock Selector Mid Cp B is roughly 2.3 times. This is 36.09% higher than that of Fidelity Investments family, and 56.63% higher than that of Mid-Cap Growth
category, The Price to Book for all funds is 144.68% 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 Stock Selector Mid Cp B has Year to Date Return of 25.82%. This is 100.47% higher than that of Fidelity Investments family, and 30.71% higher than that of Mid-Cap Growth
category, The Year to Date Return for all funds is 391.81% 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.