The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Fidelity ILF are completely uncorrelated. Although it is extremely important to respect Fidelity ILF USD 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 ILF USDtechnical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Fidelity ILF USD Relative Risk vs. Return Landscape
If you would invest 100.00 in Fidelity ILF USD F Flex Dist Ser 1 on July 15, 2018 and sell it today you would earn a total of 0.00 from holding Fidelity ILF USD F Flex Dist Ser 1 or generate 0.0% return on investment over 30 days. Fidelity ILF USD F Flex Dist Ser 1 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Fidelity ILF USD F Flex Dist Ser 1 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.