Fidelity Growth Discovery Fund Price on November 15, 2021
| FGDKX Fund | USD 59.72 0.52 0.86% |
Below is the normalized historical share price chart for Fidelity Growth Discovery extending back to May 15, 2008. 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 Growth stands at 59.72, as last reported on the 19th of April, with the highest price reaching 59.72 and the lowest price hitting 59.72 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 Growth very steady. Fidelity Growth Discovery secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Growth Discovery, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Growth's Coefficient Of Variation of 727.84, downside deviation of 0.9442, and Mean Deviation of 0.7916 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1061
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fidelity Growth is performing at about 8% 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 Growth by adding it to a well-diversified portfolio.
Fidelity Growth Valuation on November 15, 2021
It is possible to determine the worth of Fidelity Growth on a given historical date. On November 15, 2021 Fidelity was worth 53.08 at the beginning of the trading date compared to the closed value of 49.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Growth mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Growth's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 53.08 | 53.08 | 49.96 | 49.96 | 1.00 |
| 52.23 | 52.23 | 49.16 | 49.16 | 1.00 |
| Backtest Fidelity Growth | | | Fidelity Growth History | | | Fidelity Growth Valuation | Next |
Fidelity Growth Trading Date Momentum on November 15, 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 Growth Discovery Fundamentals Correlations and Trends
By evaluating Fidelity Growth'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 Growth'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 Growth Mutual Fund history
Fidelity Growth 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 Growth Discovery 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 Growth stock prices may prove useful in developing a viable investing in Fidelity Growth
The fund normally invests primarily in common stocks. It invests in companies that the adviser believes have above-average growth potential . The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Fidelity Growth Mutual Fund Technical Analysis
Fidelity Growth 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 Growth Period Price Range
Low | April 4, 2022
| High |
53.08 | 49.96 |
Fidelity Growth April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Fidelity Growth mutual fund market strength indicators, traders can identify Fidelity Growth Discovery entry and exit signals to maximize returns
Fidelity Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Growth'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 | 0.0889 | |||
| Jensen Alpha | 0.0603 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.0758 | |||
| Treynor Ratio | 0.1092 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Growth Discovery. 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 industry. You can also try the Stocks Directory module to find actively traded stocks across global markets.