Fidelity Modity Strategy Fund Quote
| FYHTX Fund | USD 95.81 0.29 0.30% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Fidelity Modity is trading at 95.81 as of the 24th of April 2024; that is -0.3% down since the beginning of the trading day. The fund's open price was 96.1. Fidelity Modity has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Fidelity Modity Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund normally invests in commodity-linked derivative instruments, short-term investment-grade debt securities, cash, and cash equivalents. It invests up to 25 percent of assets in a wholly-owned subsidiary organized under the laws of the Cayman Islands that invests in commodity-linked total return swaps based on the value of commodities or commodities indexes and in other commodity-linked derivative instruments. More on Fidelity Modity Strategy
Moving against Fidelity Mutual Fund
| 0.52 | FRESX | Fidelity Real Estate | PairCorr |
| 0.46 | FPXTX | Fidelity Pennsylvania | 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 Modity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Modity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Fidelity Investments Funds, Commodities Broad Basket Funds, Commodities Broad Basket, Fidelity Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of September 2022 |
| Fiscal Year End | July |
Fidelity Modity Strategy [FYHTX] is traded in USA and was established 24th of April 2024. Fidelity Modity is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Commodities Broad Basket category and is part of Fidelity Investments family. This fund currently has accumulated 86.05 M in assets under management (AUM) with no minimum investment requirementsFidelity Modity Strategy is currently producing year-to-date (YTD) return of 5.9% with the current yeild of 0.0%, while the total return for the last 3 years was 7.88%.
Check Fidelity Modity Probability Of Bankruptcy
Instrument Allocation
Top Fidelity Modity Strategy Mutual Fund Constituents
Fidelity Modity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Fidelity Modity jumping above the current price in 90 days from now is about 5.27%. The Fidelity Modity Strategy probability density function shows the probability of Fidelity Modity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Fidelity Modity has a beta of 0.0456. This usually indicates as returns on the market go up, Fidelity Modity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Modity Strategy will be expected to be much smaller as well. Additionally, fidelity Modity Strategy has an alpha of 0.098, implying that it can generate a 0.098 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity Modity to move above the current price in 90 days from now is about 5.27 (This Fidelity Modity Strategy probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Fidelity Modity Top Holders
| FHSNX | Fidelity Health Savings | Mutual Fund | Allocation--30% to 50% Equity |
| FCSRX | Fidelity Strategic Real | Mutual Fund | Allocation--30% to 50% Equity |
| FXIFX | Fidelity Freedom Index | Mutual Fund | Target-Date 2030 |
| FBIFX | Fidelity Freedom Index | Mutual Fund | Target-Date 2040 |
| FSRTX | Fidelity Strategic Real | Mutual Fund | Allocation--30% to 50% Equity |
| FSRRX | Fidelity Strategic Real | Mutual Fund | Allocation--30% to 50% Equity |
| FSRAX | Fidelity Strategic Real | Mutual Fund | Allocation--30% to 50% Equity |
Fidelity Modity Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Modity market risk premium is the additional return an investor will receive from holding Fidelity Modity 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 Modity. 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 Modity's alpha and beta are two of the key measurements used to evaluate Fidelity Modity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4211 | |||
| Semi Deviation | 0.2845 | |||
| Standard Deviation | 0.5263 | |||
| Variance | 0.277 |
Fidelity Modity Against Markets
Picking the right benchmark for Fidelity Modity 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 Modity 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 Modity is critical whether you are bullish or bearish towards Fidelity Modity Strategy at a given time. Please also check how Fidelity Modity'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 Modity 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 Modity, 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 Modity. To buy Fidelity Modity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Modity. 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 Modity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Modity Strategy 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 Modity Strategy 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 Modity Strategy, 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 Modity Strategy?
The danger of trading Fidelity Modity Strategy 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 Modity 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 Modity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Modity Strategy 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 Modity Strategy. 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 estimate. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.