Fidelity Asset Manager Fund Quote
| FIKVX Fund | USD 13.17 0.02 0.15% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Fidelity Asset is trading at 13.17 as of the 18th of April 2024; that is 0.15% increase since the beginning of the trading day. The fund's open price was 13.15. Fidelity Asset has about a 22 % 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 Asset Manager 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 allocates its assets among three main asset classes the stock class , the bond class , and the short-termmoney market class . More on Fidelity Asset Manager
Moving together with Fidelity Mutual Fund
| 0.98 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 0.89 | FPURX | Fidelity Puritan | PairCorr |
| 0.89 | FPUKX | Fidelity Puritan | PairCorr |
| 0.92 | FQIFX | Fidelity Freedom Index | PairCorr |
| 0.92 | FQIPX | Fidelity Freedom Index | PairCorr |
| 0.9 | 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 Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Asset 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 Growth Funds, Allocation--15% to 30% Equity Funds, Allocation--15% to 30% Equity, Fidelity Investments, Large Growth, Allocation--15% to 30% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
Fidelity Asset Manager [FIKVX] is traded in USA and was established 18th of April 2024. Fidelity Asset is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Allocation--15% to 30% Equity category and is part of Fidelity Investments family. This fund currently has accumulated 4.95 B in assets under management (AUM) with no minimum investment requirementsFidelity Asset Manager is currently producing year-to-date (YTD) return of 0.38% with the current yeild of 0.03%, while the total return for the last 3 years was 0.31%.
Check Fidelity Asset 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 Asset Manager 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 Asset Manager Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology |
| IEFA | iShares Core MSCI | Etf | Foreign Large Blend |
| IEMG | iShares Core MSCI | Etf | Diversified Emerging Mkts |
| IVV | iShares Core SP | Etf | Large Blend |
| MSFT | Microsoft | Stock | Information Technology |
| TLT | iShares 20 Year | Etf | Long Government |
| EWJ | iShares MSCI Japan | Etf | Japan Stock |
Fidelity Asset Target Price Odds Analysis
Based on a normal probability distribution, the odds of Fidelity Asset jumping above the current price in 90 days from now is about 87.21%. The Fidelity Asset Manager probability density function shows the probability of Fidelity Asset mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Fidelity Asset has a beta of 0.3608. This usually indicates as returns on the market go up, Fidelity Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Asset Manager will be expected to be much smaller as well. Additionally, fidelity Asset Manager has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Fidelity Asset to move above the current price in 90 days from now is about 87.21 (This Fidelity Asset Manager probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Fidelity Asset Manager Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Asset market risk premium is the additional return an investor will receive from holding Fidelity Asset 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 Asset. 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 Asset's alpha and beta are two of the key measurements used to evaluate Fidelity Asset's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2151 | |||
| Standard Deviation | 0.293 | |||
| Variance | 0.0859 | |||
| Risk Adjusted Performance | (0.02) |
Fidelity Asset Against Markets
Picking the right benchmark for Fidelity Asset 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 Asset 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 Asset is critical whether you are bullish or bearish towards Fidelity Asset Manager at a given time. Please also check how Fidelity Asset'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 Asset 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 Asset, 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 Asset. To buy Fidelity Asset fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Asset. 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 Asset fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Asset Manager 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 Asset Manager 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 Asset Manager, 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 Asset Manager?
The danger of trading Fidelity Asset Manager 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 Asset 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 Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Asset Manager 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 Asset Manager. 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 real. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.