Fidelity Growth Discovery Fund Price on November 30, 2021

FGDKX Fund  USD 62.49  0.08  0.13%   
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 62.49, as last reported on the 29th of March, with the highest price reaching 62.49 and the lowest price hitting 62.49 during the day.
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. Fidelity Growth appears to be very steady, given 3 months investment horizon. Fidelity Growth Discovery secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the fund had a 0.28% 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 utilize Fidelity Growth's Mean Deviation of 0.726, coefficient of variation of 412.65, and Downside Deviation of 0.9034 to check if our risk estimates are consistent with your expectations.
  
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2781

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsFGDKX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.97
  actual daily
8
92% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.28
  actual daily
21
79% of assets perform better
Based on monthly moving average Fidelity Growth is performing at about 21% 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 30, 2021

It is possible to determine the worth of Fidelity Growth on a given historical date. On November 30, 2021 Fidelity was worth 47.8 at the beginning of the trading date compared to the closed value of 44.99. 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
03/15/2022
  47.80    47.80    44.99    44.99    1.00  
  49.27    49.27    46.37    46.37    1.00  
Backtest Fidelity Growth  |  Fidelity Growth History  |  Fidelity Growth Valuation Next  
Open Value
47.8
44.99
Closing Value
50.70
Upside

Fidelity Growth Trading Date Momentum on November 30, 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.
A focus of Fidelity Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity Growth Period Price Range

Low
March 15, 2022
-2.81  -5.88%
High

 47.80 

     

 44.99 

Fidelity Growth March 29, 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.
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Fidelity Mutual Fund analysis

When running Fidelity Growth's price analysis, check to measure Fidelity Growth'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 Growth is operating at the current time. Most of Fidelity Growth's value examination focuses on studying past and present price action to predict the probability of Fidelity Growth'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 Growth's price. Additionally, you may evaluate how the addition of Fidelity Growth to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Stocks Directory
Find actively traded stocks across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Please note, there is a significant difference between Fidelity Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.