Fidelity Advisor Equity Fund Price on October 18, 2021
| FEIRX Fund | USD 32.96 0.01 0.03% |
Below is the normalized historical share price chart for Fidelity Advisor Equity extending back to August 02, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity Advisor stands at 32.96, as last reported on the 18th of April 2024, with the highest price reaching 32.96 and the lowest price hitting 32.96 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. We consider Fidelity Advisor very steady. Fidelity Advisor Equity secures Sharpe Ratio (or Efficiency) of 0.0651, which denotes the fund had a 0.0651% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Advisor Equity, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Advisor's Coefficient Of Variation of 1921.07, mean deviation of 0.4744, and Downside Deviation of 0.7092 to check if the risk estimate we provide is consistent with the expected return of 0.0388%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.0651
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FEIRX |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fidelity Advisor is performing at about 5% 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 Advisor by adding it to a well-diversified portfolio.
Fidelity Advisor Valuation on October 18, 2021
It is possible to determine the worth of Fidelity Advisor on a given historical date. On October 18, 2021 Fidelity was worth 33.54 at the beginning of the trading date compared to the closed value of 30.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Advisor mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Advisor'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 Advisor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Advisor's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 33.54 | 33.54 | 30.36 | 30.36 | 1.00 |
| 33.34 | 33.34 | 30.18 | 30.18 | 1.00 |
| Backtest Fidelity Advisor | | | Fidelity Advisor History | | | Fidelity Advisor Valuation | Next |
Fidelity Advisor Trading Date Momentum on October 18, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Fidelity Advisor Equity Fundamentals Correlations and Trends
By evaluating Fidelity Advisor'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 Advisor'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 Advisor Mutual Fund history
Fidelity Advisor 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 Advisor Equity 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 Advisor stock prices may prove useful in developing a viable investing in Fidelity Advisor
The fund normally invests at least 80 percent of assets in equity securities. It normally invests primarily in income-producing equity securities, which tends to lead to investments in large cap value stocks. The fund potentially invests in other types of equity securities and debt securities, including lower-quality debt securities . It invests in domestic and foreign issuers.
Fidelity Advisor Mutual Fund Technical Analysis
Fidelity Advisor 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 Advisor Period Price Range
Low | April 4, 2022
| High |
33.54 | 30.36 |
Fidelity Advisor April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Advisor 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 Advisor shares will generate the highest return on investment. By undertsting and applying Fidelity Advisor mutual fund market strength indicators, traders can identify Fidelity Advisor Equity entry and exit signals to maximize returns
Fidelity Advisor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Advisor's price 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 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 | 0.0324 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0253 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Advisor Equity. 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 metropolitan statistical area. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.