Fidelity Contra Manager Performance Evaluation

FCNTX -- USA Fund  

USD 13.65  0.09  0.66%

The organization shows Beta (market volatility) of 1.0461 which denotes to the fact that Fidelity Contra returns are very sensitive to returns on the market. as market goes up or down, Fidelity Contra is expected to follow. Although it is extremely important to respect Fidelity Contra Fund historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Fidelity Contra Fund technical indicators you can presently evaluate if the expected return of 0.0826% will be sustainable into the future.
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Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Contra Fund are ranked lower than 5 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, Fidelity Contra is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low10.25
Fifty Two Week High13.63
Annual Report Expense Ratio0.82%
Horizon     30 Days    Login   to change

Fidelity Contra Fund Relative Risk vs. Return Landscape

If you would invest  1,292  in Fidelity Contra Fund on October 23, 2019 and sell it today you would earn a total of  64.00  from holding Fidelity Contra Fund or generate 4.95% return on investment over 30 days. Fidelity Contra Fund is currently producing 0.0826% returns and takes up 1.0854% volatility of returns over 30 trading days. Put another way, 9% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Fidelity Contra is expected to generate 1.37 times less return on investment than the market. In addition to that, the company is 1.71 times more volatile than its market benchmark. It trades about 0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.18 per unit of volatility.

Fidelity Contra Current Valuation

Fairly Valued
November 22, 2019
13.65
Market Value
13.48
Real Value
16.75
Upside
Fidelity Contra is not too volatile asset. Fidelity Contra Fund shows prevailing Real Value of $13.48 per share. The current price of the fund is $13.65. At this time the entity appears to be fairly valued. We determine the value of Fidelity Contra Fund from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.

Fidelity Contra Market Risk Analysis

Sharpe Ratio = 0.0761
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Fidelity Contra Relative Performance Indicators

Estimated Market Risk
 1.09
  actual daily
 
 9 %
of total potential
 
99
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
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Risk-Adjusted Return
 0.08
  actual daily
 
 5 %
of total potential
 
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Based on monthly moving average Fidelity Contra 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 Contra by adding it to a well-diversified portfolio.

Fidelity Contra Alerts

Equity Alerts and Improvement Suggestions

Latest headline from www.investors.com: Visa Stock Nears Key Buy Point Is It A Buy Right Now - Investors Business Daily
The fund retains 98.51% of its assets under management (AUM) in equities
Additionally see Investing Opportunities. Please also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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