FIDELITY Mutual Fund Quote

FPUKX Fund  USD 21.78  0.17  0.77%   
Market Performance
10 of 100
Odds Of Distress
Less than 2
FIDELITY PURITAN is trading at 21.78 as of the 6th of February 2023; that is -0.77 percent decrease since the beginning of the trading day. The fund's open price was 21.95. FIDELITY PURITAN has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for FIDELITY PURITAN FUND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
ISIN
US3163457019
The fund invests approximately 60 percent of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities , when its outlook is neutral. Fidelity Puritan is traded on NASDAQ Exchange in the United States.. More on FIDELITY PURITAN FUND

Moving together with FIDELITY PURITAN

+0.8RMQHXMONTHLY REBALANCE Steady GrowthPairCorr
+0.8RMQAXMONTHLY REBALANCE Steady GrowthPairCorr
+0.81DXQLXDIREXION MONTHLY NAS Steady GrowthPairCorr
+0.79RMQCXMONTHLY REBALANCE Steady GrowthPairCorr

FIDELITY PURITAN Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FIDELITY PURITAN's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FIDELITY PURITAN or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of FIDELITY PURITAN's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate1st of July 2018
FIDELITY PURITAN FUND [FPUKX] is traded in USA and was established 6th of February 2023. The fund is listed under Allocation--50% to 70% Equity category and is part of Fidelity Investments family. FIDELITY PURITAN FUND currently has accumulated 25.56 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 8.92%.
Check FIDELITY PURITAN Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FIDELITY Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FIDELITY Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as FIDELITY PURITAN FUND Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top FIDELITY PURITAN FUND Mutual Fund Constituents

FIDELITY PURITAN Target Price Odds Analysis

Based on a normal probability distribution, the odds of FIDELITY PURITAN jumping above the current price in 90 days from now is roughly 2.64%. The FIDELITY PURITAN FUND probability density function shows the probability of FIDELITY PURITAN mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon FIDELITY PURITAN has a beta of 0.7725. This usually indicates as returns on the market go up, FIDELITY PURITAN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FIDELITY PURITAN FUND will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0052, implying that it can generate a 0.005249 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.78HorizonTargetOdds Above 21.78
97.28%90 days
 21.78 
2.64%
Based on a normal probability distribution, the odds of FIDELITY PURITAN to move above the current price in 90 days from now is roughly 2.64 (This FIDELITY PURITAN FUND probability density function shows the probability of FIDELITY Mutual Fund to fall within a particular range of prices over 90 days) .

FIDELITY PURITAN FUND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FIDELITY PURITAN market risk premium is the additional return an investor will receive from holding FIDELITY PURITAN long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FIDELITY PURITAN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FIDELITY PURITAN's alpha and beta are two of the key measurements used to evaluate FIDELITY PURITAN's performance over the market, the standard measures of volatility play an important role as well.

FIDELITY PURITAN Against Markets

Picking the right benchmark for FIDELITY PURITAN mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FIDELITY PURITAN mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FIDELITY PURITAN is critical whether you are bullish or bearish towards FIDELITY PURITAN FUND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FIDELITY PURITAN 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.

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Invested in FIDELITY PURITAN FUND?

The danger of trading FIDELITY PURITAN FUND is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FIDELITY PURITAN is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FIDELITY PURITAN. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FIDELITY PURITAN FUND is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running FIDELITY PURITAN FUND price analysis, check to measure FIDELITY PURITAN'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 PURITAN is operating at the current time. Most of FIDELITY PURITAN's value examination focuses on studying past and present price action to predict the probability of FIDELITY PURITAN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FIDELITY PURITAN's price. Additionally, you may evaluate how the addition of FIDELITY PURITAN to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FIDELITY PURITAN's value and its price as these two are different measures arrived at by different means. Investors typically determine FIDELITY PURITAN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIDELITY PURITAN'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.