FIDELITY Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . FIDELITY CONSERVATIVE INCOME
FCONX Fund  USD 10.00  0.01  0.1%   
The fund shows a Beta (market volatility) of 0.0035, which means not very significant fluctuations relative to the market. Let's try to break down what FIDELITY's beta means in this case. As returns on the market increase, FIDELITY CONSERVATIVE returns are expected to increase less than the market. However, during the bear market, the loss on holding FIDELITY CONSERVATIVE will be expected to be smaller as well. Although it is important to respect FIDELITY CONSERVATIVE historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach into predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing FIDELITY CONSERVATIVE technical indicators, you can right now evaluate if the expected return of 0.0195% will be sustainable into the future.
  

FIDELITY Performance

17 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in FIDELITY CONSERVATIVE INCOME are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, FIDELITY CONSERVATIVE is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Fifty Two Week Low9.97
Fifty Two Week High10.04

FIDELITY CONSERVATIVE Relative Risk vs. Return Landscape

If you would invest  989.00  in FIDELITY CONSERVATIVE INCOME on December 27, 2022 and sell it today you would earn a total of  12.00  from holding FIDELITY CONSERVATIVE INCOME or generate 1.21% return on investment over 90 days. FIDELITY CONSERVATIVE INCOME is currently producing 0.0195% returns and takes up 0.087% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than FIDELITY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon FIDELITY CONSERVATIVE is expected to generate 0.09 times more return on investment than the market. However, the company is 10.92 times less risky than the market. It trades about 0.22 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of risk.

FIDELITY CONSERVATIVE Current Valuation

Fairly Valued
Today 10.00
Please note that FIDELITY CONSERVATIVE's price fluctuation is very steady at this time.
FIDELITY CONSERVATIVE shows a prevailing Real Value of $10.0 per share. The current price of the fund is $10.0. At this time, the entity appears to be fairly valued. We determine the value of FIDELITY CONSERVATIVE from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund prices and their ongoing real values will submerge.
Our valuation method for FIDELITY CONSERVATIVE INCOME is useful when determining the fair value of the FIDELITY mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of FIDELITY CONSERVATIVE. Since FIDELITY CONSERVATIVE is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FIDELITY Mutual Fund. However, FIDELITY CONSERVATIVE's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
10.00
Real Value
10.09
Upside
Estimating the potential upside or downside of FIDELITY CONSERVATIVE INCOME helps investors to forecast how FIDELITY mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of FIDELITY CONSERVATIVE more accurately as focusing exclusively on FIDELITY CONSERVATIVE's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
9.9210.0110.10
Details

FIDELITY CONSERVATIVE Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for FIDELITY CONSERVATIVE's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as FIDELITY CONSERVATIVE INCOME, and traders can use it to determine the average amount a FIDELITY CONSERVATIVE's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.224

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FCONX
Based on monthly moving average FIDELITY CONSERVATIVE is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FIDELITY CONSERVATIVE by adding it to a well-diversified portfolio.

FIDELITY CONSERVATIVE Fundamentals Growth

FIDELITY Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of FIDELITY CONSERVATIVE, and FIDELITY CONSERVATIVE fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on FIDELITY Mutual Fund performance.
Total Asset6.02 B
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