The fund shows Beta (market volatility) of 0.79 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. Even though it is essential to pay attention to Fidelity Advisor Stock
historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy towards predicting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Fidelity Advisor Stock Selector Mid Cp B exposes twenty-one different technical indicators which can help you to evaluate its performance.
Relative Risk vs. Return Landscape
If you would invest 2,431
in Fidelity Advisor Stock Selector Mid Cp B on May 21, 2013
and sell it today you would lose (15.00)
from holding Fidelity Advisor Stock Selector Mid Cp B or give up 0.62%
of portfolio value over 30
days. Fidelity Advisor Stock Selector Mid Cp B is currently producing negative expected returns and takes up 0.88% volatility of returns over 30 trading days. Put another way, 10% 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 0.99 times more return on investment than the market. However, the company is 1.01 times less risky than the market. It trades about -0.11 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.12 per unit of risk.
Fidelity Price to Book
Based on latest financial disclosure the price to book indicator of Fidelity Advisor Stock Selector Mid Cp B is roughly 2.23 times. This is 36.81% higher than that of Fidelity Investments family, and 10.71% lower than that of Mid-Cap Growth
category, The Price to Book for all funds is 120.79% 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 6.74%. This is 62.02% higher than that of Fidelity Investments family, and 28.73% lower than that of Mid-Cap Growth
category, The Year to Date Return for all funds is 134.84% 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.
Fidelity Price to Earning vs Price to Book
Fidelity Advisor Stock Selector Mid Cp B is rated below average
in price to earning among similar funds. It is rated below average
in price to book among similar funds fabricating about 0.13
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Fidelity Advisor Stock Selector Mid Cp B is roughly 7.88