Fidelity Mutual Fund Market Value
| FBLPX Fund | USD 12.29 0.02 0.16% |
| Symbol | Fidelity |
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.
| 08/22/2023 |
| 09/21/2023 |
If you would invest 0.00 in Fidelity Freedom on August 22, 2023 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 Disney, HUMANA, Morningstar Unconstrained, HIGH YIELD, Bondbloxx ETF, and VICTORY SOPHUS. 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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 1.21 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.6426 |
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.| Risk Adjusted Performance | (0.044529) | |||
| Jensen Alpha | (0.027642) | |||
| Total Risk Alpha | (0.026808) | |||
| Treynor Ratio | (0.22) |
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.
Fidelity Freedom Index Backtested Returns
Fidelity Freedom Index secures Sharpe Ratio (or Efficiency) of -0.0455, which denotes the fund had -0.0455% of return per unit of risk over the last 3 months. Our standpoint towards predicting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Fidelity Freedom Index exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Fidelity Freedom Index Mean Deviation of 0.2269, variance of 0.0887, and Standard Deviation of 0.2978 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.1253, which means not very significant fluctuations relative to the market. 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 | 0.42 |
Average predictability
Fidelity Freedom Index has average predictability. Overlapping area represents the amount of predictability between Fidelity Freedom time series from 22nd of August 2023 to 6th of September 2023 and 6th of September 2023 to 21st of September 2023. 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 0.42 indicates that just about 42.0% of current Fidelity Freedom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity Freedom without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Global CorrelationsFind global opportunities by holding instruments from different markets |
| All Next | Launch Module |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fidelity Freedom Index using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Fidelity Mutual Fund analysis
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
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| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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.