Fidelity risk analysis

Use Fidelity Asset Manager 30 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, Fidelity has beta of 0.2 suggesting as returns on market go up, Fidelity avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding Fidelity Asset Manager 30 will be expected to be much smaller as well. Moreover, Fidelity Asset Manager 30 has alpha of 0.2 implying that it can potentially generate 0.2% 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 160.81. The daily returns are destributed with a variance of 0.02 and standard deviation of 0.15. The mean deviation of Fidelity Asset Manager 30 is currently at 0.11. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.54

	(alpha)	=	0.20	Details
	(beta)	=	0.20	Details
	(volatility)	=	0.15	Details

Actual Return Volatility

Fidelity Asset Manager 30 shows 0.15% volatility of returns over 30 trading days. S&P 500 shows 0.54% volatility of returns over 30 trading days.