Fidelity Freedom Index Fund Market Value

FBLPX Fund  USD 12.65  0.05  0.40%   
Fidelity Freedom's market value is the price at which a share of Fidelity Freedom stock trades on a public exchange. It measures the collective expectations of Fidelity Freedom Index investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Fidelity Freedom Index and determine expected loss or profit from investing in Fidelity Freedom over a given investment horizon.
Check out Fidelity Freedom Correlation, Fidelity Freedom Volatility and Fidelity Freedom Alpha and Beta module to complement your research on Fidelity Freedom.
Symbol

Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Freedom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fidelity Freedom 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Freedom's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Freedom.
0.00
02/03/2024
No Change 0.00  0.0 
In 31 days
03/04/2024
0.00
If you would invest  0.00  in Fidelity Freedom on February 3, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Freedom Index or generate 0.0% return on investment in Fidelity Freedom over 30 days. Fidelity Freedom is related to or competes with State Farm, Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, Fidelity Freedom, and Fidelity Freedom. The fund invests in a combination of Fidelity U.S More

Fidelity Freedom Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Freedom's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Freedom Index upside and downside potential and time the market with a certain degree of confidence.

Fidelity Freedom Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Freedom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Freedom's standard deviation. In reality, there are many statistical measures that can use Fidelity Freedom historical prices to predict the future Fidelity Freedom's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fidelity Freedom's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Fidelity Freedom in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
12.1812.6513.12
Details
Intrinsic
Valuation
LowRealHigh
12.1912.6613.13
Details
Naive
Forecast
LowNextHigh
12.2512.7213.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.5212.6012.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Freedom. Your research has to be compared to or analyzed against Fidelity Freedom's peers to derive any actionable benefits. When done correctly, Fidelity Freedom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fidelity Freedom Index.

Fidelity Freedom Index Backtested Returns

We consider Fidelity Freedom very steady. Fidelity Freedom Index secures Sharpe Ratio (or Efficiency) of 0.0162, which denotes the fund had 0.0162% return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Fidelity Freedom Index, which you can use to evaluate the future volatility of the entity. Please confirm Fidelity Freedom's Mean Deviation of 0.2742, downside deviation of 0.6448, and Coefficient Of Variation of 1834.7 to check if the risk estimate we provide is consistent with the expected return of 0.0076%. The fund shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Freedom returns are expected to increase less than the market. However, during the bear market, the loss on holding Fidelity Freedom will be expected to be smaller as well.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Fidelity Freedom Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Fidelity Freedom time series from 3rd of February 2024 to 18th of February 2024 and 18th of February 2024 to 4th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Freedom Index price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fidelity Freedom price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test-0.19
Residual Average0.0
Price Variance0.0

Fidelity Freedom Index lagged returns against current returns

Autocorrelation, which is Fidelity Freedom mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Freedom's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Freedom returns to help us make a trade decision. For example, suppose you find that Fidelity Freedom mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Fidelity Freedom regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Freedom mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Freedom mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Freedom mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Fidelity Freedom Lagged Returns

When evaluating Fidelity Freedom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Freedom mutual fund have on its future price. Fidelity Freedom autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Freedom autocorrelation shows the relationship between Fidelity Freedom mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Freedom Index.
   Regressed Prices   
       Timeline  

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Check out Fidelity Freedom Correlation, Fidelity Freedom Volatility and Fidelity Freedom Alpha and Beta module to complement your research on Fidelity Freedom.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Fidelity Freedom's price analysis, check to measure Fidelity Freedom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Freedom is operating at the current time. Most of Fidelity Freedom's value examination focuses on studying past and present price action to predict the probability of Fidelity Freedom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Freedom's price. Additionally, you may evaluate how the addition of Fidelity Freedom to your portfolios can decrease your overall portfolio volatility.
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Fidelity Freedom 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.
A focus of Fidelity Freedom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Freedom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...