Fidelity Advisor Manager Performance Evaluation

FPQIX -- USA Fund  

USD 41.34  0.44  1.08%

The organization shows Beta (market volatility) of 0.2224 which denotes to the fact that as returns on market increase, Fidelity Advisor returns are expected to increase less than the market. However during bear market, the loss on holding Fidelity Advisor will be expected to be smaller as well. Although it is extremely important to respect Fidelity Advisor 529 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 Advisor 529 technical indicators you can presently evaluate if the expected return of 0.0821% will be sustainable into the future.

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Advisor 529 Small Cap are ranked lower than 6 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, Fidelity Advisor is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Horizon     30 Days    Login   to change

Fidelity Advisor 529 Relative Risk vs. Return Landscape

If you would invest  3,894  in Fidelity Advisor 529 Small Cap on November 6, 2019 and sell it today you would earn a total of  240.00  from holding Fidelity Advisor 529 Small Cap or generate 6.16% return on investment over 30 days. Fidelity Advisor 529 Small Cap is currently producing 0.0821% returns and takes up 0.8261% volatility of returns over 30 trading days. Put another way, 7% 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 Advisor is expected to generate 1.39 times more return on investment than the market. However, the company is 1.39 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Fidelity Advisor Market Risk Analysis

Sharpe Ratio = 0.0994
Good Returns
Average Returns
Small Returns
Negative Returns

Fidelity Advisor Relative Performance Indicators

Estimated Market Risk
  actual daily
 7 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 6 %
of total potential
Based on monthly moving average Fidelity Advisor is performing at about 6% 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 Advisor by adding it to a well-diversified portfolio.