Gold Portfolio Fidelity Fund Price on October 28, 2021
| FGDTX Fund | USD 22.37 0.29 1.31% |
Below is the normalized historical share price chart for Gold Portfolio Fidelity extending back to December 14, 2006. 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 Gold Portfolio stands at 22.37, as last reported on the 18th of April 2024, with the highest price reaching 22.37 and the lowest price hitting 22.37 during the day.
If you're considering investing in Gold Mutual Fund, it is important to understand the factors that can impact its price. Gold Portfolio appears to be very steady, given 3 months investment horizon. Gold Portfolio Fidelity holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gold Portfolio Fidelity, which you can use to evaluate the volatility of the entity. Please utilize Gold Portfolio's Downside Deviation of 1.71, risk adjusted performance of 0.0737, and Market Risk Adjusted Performance of 0.1232 to validate if our risk estimates are consistent with your expectations.
Gold Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = 0.1634
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Gold Portfolio is performing at about 12% 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 Gold Portfolio by adding it to a well-diversified portfolio.
Gold Portfolio Valuation on October 28, 2021
It is possible to determine the worth of Gold Portfolio on a given historical date. On October 28, 2021 Gold was worth 28.91 at the beginning of the trading date compared to the closed value of 28.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Portfolio mutual fund. Still, in general, we apply an absolute valuation method to find Gold Portfolio'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 Gold Portfolio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Portfolio's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 28.91 | 28.91 | 28.81 | 28.81 | 1.00 |
| 28.32 | 28.32 | 28.23 | 28.23 | 1.00 |
| Backtest Gold Portfolio | | | Gold Portfolio History | | | Gold Portfolio Valuation | Next |
Gold Portfolio Trading Date Momentum on October 28, 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.Gold Portfolio Fidelity Fundamentals Correlations and Trends
By evaluating Gold Portfolio'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 Gold Portfolio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Portfolio Mutual Fund history
Gold Portfolio 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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Portfolio Fidelity 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 Gold Portfolio stock prices may prove useful in developing a viable investing in Gold Portfolio
The fund normally invests at least 80 percent of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins. It invests up to 25 percent of assets in gold and other precious metals through a wholly-owned subsidiary. The fund invests primarily in common stocks and in certain precious metals. It invests primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals. The fund is non-diversified.
Gold Portfolio Mutual Fund Technical Analysis
Gold Portfolio 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
Gold Portfolio Period Price Range
Low | April 4, 2022
| High |
28.91 | 28.81 |
Gold Portfolio April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Portfolio 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 Gold Portfolio shares will generate the highest return on investment. By undertsting and applying Gold Portfolio mutual fund market strength indicators, traders can identify Gold Portfolio Fidelity entry and exit signals to maximize returns
Gold Portfolio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Portfolio's price direction in advance. Along with the technical and fundamental analysis of Gold Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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 | 0.0737 | |||
| Jensen Alpha | 0.1099 | |||
| Total Risk Alpha | 0.0526 | |||
| Sortino Ratio | 0.0807 | |||
| Treynor Ratio | 0.1132 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Gold Portfolio Fidelity. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.