Fidelity Small Cap Fund Market Value

FSSNX Fund  USD 25.25  0.19  0.75%   
Fidelity Small's market value is the price at which a share of Fidelity Small stock trades on a public exchange. It measures the collective expectations of Fidelity Small Cap investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Fidelity Small Cap and determine expected loss or profit from investing in Fidelity Small over a given investment horizon.
Check out Fidelity Small Correlation, Fidelity Small Volatility and Fidelity Small Alpha and Beta module to complement your research on Fidelity Small.
Symbol

Please note, there is a significant difference between Fidelity Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Small'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 Small '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 Small'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 Small.
0.00
03/11/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
02/29/2024
0.00
If you would invest  0.00  in Fidelity Small on March 11, 2022 and sell it all today you would earn a total of 0.00 from holding Fidelity Small Cap or generate 0.0% return on investment in Fidelity Small over 720 days. Fidelity Small is related to or competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, Fidelity Freedom, Fidelity Freedom, and Fidelity Real. The fund invests normally at least 80 percent of its assets in securities included in the Russell 2000 Index More

Fidelity Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.

Fidelity Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Small's standard deviation. In reality, there are many statistical measures that can use Fidelity Small historical prices to predict the future Fidelity Small'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 Small'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 Small in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
23.8225.2526.68
Details
Intrinsic
Valuation
LowRealHigh
23.5224.9526.38
Details
Naive
Forecast
LowNextHigh
23.5024.9326.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.3024.9725.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Small. Your research has to be compared to or analyzed against Fidelity Small's peers to derive any actionable benefits. When done correctly, Fidelity Small'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 Small Cap.

Fidelity Small Cap Backtested Returns

We consider Fidelity Small very steady. Fidelity Small Cap secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had 0.1% 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-eight technical indicators for Fidelity Small Cap, which you can use to evaluate the future volatility of the entity. Please confirm Fidelity Small's Coefficient Of Variation of 732.96, downside deviation of 1.32, and Mean Deviation of 1.11 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 1.92, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fidelity Small will likely underperform. Although it is important to respect Fidelity Small Cap historical returns, it is better to be realistic regarding the information on the equity's current trending patterns.

Auto-correlation

    
  0.01  

Virtually no predictability

Fidelity Small Cap has virtually no predictability. Overlapping area represents the amount of predictability between Fidelity Small time series from 11th of March 2022 to 6th of March 2023 and 6th of March 2023 to 29th of February 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 Small Cap price movement. The serial correlation of 0.01 indicates that just 1.0% of current Fidelity Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.21
Residual Average0.0
Price Variance1.52

Fidelity Small Cap lagged returns against current returns

Autocorrelation, which is Fidelity Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Small returns to help us make a trade decision. For example, suppose you find that Fidelity Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Small 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 Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Fidelity Small Lagged Returns

When evaluating Fidelity Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Small mutual fund have on its future price. Fidelity Small 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 Small autocorrelation shows the relationship between Fidelity Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Small Cap.
   Regressed Prices   
       Timeline  

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Check out Fidelity Small Correlation, Fidelity Small Volatility and Fidelity Small Alpha and Beta module to complement your research on Fidelity Small.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Fidelity Small's price analysis, check to measure Fidelity Small'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 Small is operating at the current time. Most of Fidelity Small's value examination focuses on studying past and present price action to predict the probability of Fidelity Small'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 Small's price. Additionally, you may evaluate how the addition of Fidelity Small to your portfolios can decrease your overall portfolio volatility.
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Fidelity Small 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 Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Small 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...