Fidelity Freedom Index Fund Price on August 3, 2023
| FBLPX Fund | USD 12.51 0.02 0.16% |
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its stock price. As of today, the current price of Fidelity Freedom stands at 12.51, as last reported on the 1st of December, with the highest price reaching 12.51 and the lowest price hitting 12.51 during the day. We consider Fidelity Freedom very steady. Fidelity Freedom Index secures Sharpe Ratio (or Efficiency) of 0.0624, which denotes the fund had 0.0624% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Fidelity Freedom Index, which you can use to evaluate the future volatility of the entity. Please confirm Fidelity Freedom Index Mean Deviation of 0.2783, downside deviation of 0.4079, and Coefficient Of Variation of 1460.75 to check if the risk estimate we provide is consistent with the expected return of 0.0227%.
Fidelity Mutual Fund stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.0624
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| Negative Returns | FBLPX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Fidelity Freedom is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Freedom by adding it to a well-diversified portfolio.
Fidelity Freedom Valuation on August 3, 2023
It is possible to determine the worth of Fidelity Freedom on a given historical date. On August 3, 2023 Fidelity was worth 12.36 at the beginning of the trading date compared to the closed value of 12.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Freedom mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Freedom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Freedom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Freedom's related companies.
| Open | High | Low | Close | Volume | |
| 12.41 | 12.41 | 12.41 | 12.41 | 1.00 | |
08/03/2023 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 |
| 12.41 | 12.41 | 12.41 | 12.41 | 1.00 |
| Backtest Fidelity Freedom | | | Fidelity Freedom History | | | Fidelity Freedom Valuation | Previous | Next |
Fidelity Freedom Trading Date Momentum on August 3, 2023
| On August 04 2023 Fidelity Freedom Index was traded for 12.41 at the closing time. The highest daily price throughout the period was 12.41 and the lowest price was 12.41 . There was no trading activity during the period 1.0. Lack of trading volume on 08/04/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.40% . The overall trading delta to current closing price is 0.08% . |
Fidelity Freedom Index Fundamentals Correlations and Trends
By evaluating Fidelity Freedom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Freedom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fidelity Freedom Mutual Fund history
Fidelity Freedom investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Freedom Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Freedom stock prices may prove useful in developing a viable investing in Fidelity Freedom
The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds , each of which seeks to provide investment results that correspond to the total return of a specific index. Fidelity Freedom is traded on NASDAQ Exchange in the United States.
Fidelity Freedom Mutual Fund Technical Analysis
Fidelity Freedom technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Fidelity Freedom Period Price Range
Low | August 3, 2023 | High |
12.36 | 12.36 |
| 0.00 | 0.00% |
Fidelity Freedom December 1, 2023 Market Strength
Market strength indicators help investors to evaluate how Fidelity Freedom mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Freedom shares will generate the highest return on investment. By undertsting and applying Fidelity Freedom mutual fund market strength indicators, traders can identify Fidelity Freedom Index entry and exit signals to maximize returns
Fidelity Freedom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity stock's direction in advance. Along with the technical and fundamental analysis of Fidelity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.0148 | |||
| Total Risk Alpha | 0.0146 | |||
| Sortino Ratio | 0.0348 | |||
| Treynor Ratio | 0.0449 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Freedom Index. 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 persons. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Fidelity Mutual Fund analysis
When running Fidelity Freedom's price analysis, check to measure Fidelity Freedom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Freedom is operating at the current time. Most of Fidelity Freedom's value examination focuses on studying past and present price action to predict the probability of Fidelity Freedom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Freedom's price. Additionally, you may evaluate how the addition of Fidelity Freedom to your portfolios can decrease your overall portfolio volatility.
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