Fidelity Aberdeen Street Fund Market Value
| FSZRX Fund | 11.48 0.01 0.09% |
| Symbol | Fidelity |
Fidelity Aberdeen '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 Aberdeen'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 Aberdeen.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Fidelity Aberdeen on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Aberdeen Street or generate 0.0% return on investment in Fidelity Aberdeen over 30 days.
Fidelity Aberdeen 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 Aberdeen'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 Aberdeen Street upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6726 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.08 |
Fidelity Aberdeen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Aberdeen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Aberdeen's standard deviation. In reality, there are many statistical measures that can use Fidelity Aberdeen historical prices to predict the future Fidelity Aberdeen's volatility.| Risk Adjusted Performance | 0.0721 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0668 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Aberdeen'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 note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Aberdeen. Your research has to be compared to or analyzed against Fidelity Aberdeen's peers to derive any actionable benefits. When done correctly, Fidelity Aberdeen'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 Aberdeen Street.
Fidelity Aberdeen Street Backtested Returns
We consider Fidelity Aberdeen very steady. Fidelity Aberdeen Street secures Sharpe Ratio (or Efficiency) of 0.0904, which denotes the fund had a 0.0904% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Aberdeen Street, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Aberdeen's Mean Deviation of 0.4914, downside deviation of 0.6726, and Coefficient Of Variation of 867.12 to check if the risk estimate we provide is consistent with the expected return of 0.0593%. The fund shows a Beta (market volatility) of 0.95, which means possible diversification benefits within a given portfolio. Fidelity Aberdeen returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Aberdeen is expected to follow.
Auto-correlation | 0.44 |
Average predictability
Fidelity Aberdeen Street has average predictability. Overlapping area represents the amount of predictability between Fidelity Aberdeen time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Aberdeen Street price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Fidelity Aberdeen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fidelity Aberdeen Street lagged returns against current returns
Autocorrelation, which is Fidelity Aberdeen 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 Aberdeen's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Aberdeen returns to help us make a trade decision. For example, suppose you find that Fidelity Aberdeen has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fidelity Aberdeen 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 Aberdeen mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Aberdeen 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 Aberdeen mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Aberdeen Lagged Returns
When evaluating Fidelity Aberdeen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Aberdeen mutual fund have on its future price. Fidelity Aberdeen 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 Aberdeen autocorrelation shows the relationship between Fidelity Aberdeen mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Aberdeen Street.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fidelity Aberdeen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fidelity Aberdeen's short interest history, or implied volatility extrapolated from Fidelity Aberdeen options trading.
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Fidelity Aberdeen 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.