Fidelity Low Priced Stock Fund Price on November 1, 2023
| FLPSX Fund | USD 46.53 0.19 0.41% |
Below is the normalized historical share price chart for Fidelity Low Priced Stock extending back to March 13, 1990. 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 Low stands at 46.53, as last reported on the 28th of April, with the highest price reaching 46.53 and the lowest price hitting 46.53 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 Low very steady. Fidelity Low Priced secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Low Priced Stock, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Low's Mean Deviation of 0.5109, coefficient of variation of 646.13, and Downside Deviation of 0.7832 to check if the risk estimate we provide is consistent with the expected return of 0.0867%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1301
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| Cash | FLPSX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Fidelity Low is performing at about 10% 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 Low by adding it to a well-diversified portfolio.
Fidelity Low Valuation on November 1, 2023
It is possible to determine the worth of Fidelity Low on a given historical date. On November 1, 2023 Fidelity was worth 40.39 at the beginning of the trading date compared to the closed value of 38.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Low mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Low'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 Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Low's related companies.
| Open | High | Low | Close | Volume | |
| 40.19 | 40.19 | 38.63 | 38.63 | 1.00 | |
11/01/2023 | 40.39 | 40.39 | 38.82 | 38.82 | 1.00 |
| 41.09 | 41.09 | 39.50 | 39.50 | 1.00 |
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Fidelity Low Trading Date Momentum on November 1, 2023
| On November 02 2023 Fidelity Low Priced Stock was traded for 39.50 at the closing time. The highest daily price throughout the period was 41.09 and the lowest price was 39.50 . There was no trading activity during the period 1.0. Lack of trading volume on 11/02/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.75% . The overall trading delta to current closing price is 6.18% . |
Fidelity Low Priced Fundamentals Correlations and Trends
By evaluating Fidelity Low'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 Low'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 Low Mutual Fund history
Fidelity Low 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 Low Priced 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 Low stock prices may prove useful in developing a viable investing in Fidelity Low
The fund normally invests primarily in common stocks and invests at least 80 percent of its assets in low-priced stocks , which can lead to investments in small and medium-sized companies. It potentially invests in stocks not considered low-priced and in domestic and foreign issuers. The fund invests in either growth stocks or value stocks or both.
Fidelity Low Mutual Fund Technical Analysis
Fidelity Low 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 Low Period Price Range
Low | November 1, 2023
| High |
40.39 | 38.82 |
Fidelity Low April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Low 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 Low shares will generate the highest return on investment. By undertsting and applying Fidelity Low mutual fund market strength indicators, traders can identify Fidelity Low Priced Stock entry and exit signals to maximize returns
Fidelity Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Low'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 | 0.0971 | |||
| Jensen Alpha | 0.0132 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | 0.0924 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Low Priced Stock. 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 state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.