Fidelity Growth Discovery Fund Manager Performance Evaluation
The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fidelity Growth are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Fidelity Growth Discovery has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward-looking signals, Fidelity Growth is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5700 |
Fidelity |
Fidelity Growth Relative Risk vs. Return Landscape
If you would invest 0.00 in Fidelity Growth Discovery on January 19, 2024 and sell it today you would earn a total of 0.00 from holding Fidelity Growth Discovery or generate 0.0% return on investment over 90 days. Fidelity Growth Discovery is currently producing negative expected returns and takes up 0.0% 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. Expected Return |
| Risk |
Fidelity Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Growth Discovery, and traders can use it to determine the average amount a Fidelity Growth'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 = 0.0
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average Fidelity Growth is not performing at its full potential. However, 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 Growth by adding Fidelity Growth to a well-diversified portfolio.
Fidelity Growth Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Growth, and Fidelity Growth 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.
| Price To Earning | 26.71 X | |||
| Price To Book | 4.44 X | |||
| Price To Sales | 3.29 X | |||
| Total Asset | 3.06 B | |||
About Fidelity Growth Performance
To evaluate Fidelity Growth Discovery Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fidelity Growth generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fidelity Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fidelity Growth Discovery market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fidelity's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.It invests in companies that the adviser believes have above-average growth potential . Fidelity Growth is traded on NASDAQ Exchange in the United States.Things to note about Fidelity Growth Discovery performance evaluation
Checking the ongoing alerts about Fidelity Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Growth Discovery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity Growth is not yet fully synchronised with the market data | |
| Fidelity Growth has some characteristics of a very speculative penny stock | |
| The fund retains 99.2% of its assets under management (AUM) in equities |
- Analyzing Fidelity Growth's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Growth's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Growth's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Growth's mutual fund. These opinions can provide insight into Fidelity Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Tools for Fidelity Mutual Fund
When running Fidelity Growth's price analysis, check to measure Fidelity Growth'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 Growth is operating at the current time. Most of Fidelity Growth's value examination focuses on studying past and present price action to predict the probability of Fidelity Growth'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 Growth's price. Additionally, you may evaluate how the addition of Fidelity Growth to your portfolios can decrease your overall portfolio volatility.
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