FIDELITY Mutual Fund Manager Performance Evaluation
| FGWMX Fund | USD 11.44 0.02 0.17% |
The fund shows a Beta (market volatility) of 0.3533, which means possible diversification benefits within a given portfolio. As returns on the market increase, FIDELITY NEW returns are expected to increase less than the market. However, during the bear market, the loss on holding FIDELITY NEW will be expected to be smaller as well. Even though it is essential to pay attention to FIDELITY NEW MARKETS historical returns, it is always good to be careful when utilizing equity current trending patterns. Our approach into predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. FIDELITY NEW MARKETS exposes twenty-one different technical indicators, which can help you to evaluate its performance.
FIDELITY Performance
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Over the last 90 days FIDELITY NEW MARKETS has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, FIDELITY NEW is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 10.47 | |
| Fifty Two Week High | 14.35 |
FIDELITY |
FIDELITY NEW Relative Risk vs. Return Landscape
If you would invest 1,149 in FIDELITY NEW MARKETS on June 27, 2023 and sell it today you would lose (5.00) from holding FIDELITY NEW MARKETS or give up 0.44% of portfolio value over 90 days. FIDELITY NEW MARKETS is currently producing negative expected returns and takes up 0.4222% volatility of returns over 90 trading days. Put another way, 3% 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 NEW Current Valuation
Fairly Valued
Today
Please note that FIDELITY NEW's price fluctuation is very steady at this time. FIDELITY NEW MARKETS shows a prevailing Real Value of $11.47 per share. The current price of the fund is $11.44. At this time, the entity appears to be fairly valued. We determine the value of FIDELITY NEW MARKETS 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 NEW MARKETS 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 NEW. Since FIDELITY NEW is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FIDELITY Mutual Fund. However, FIDELITY NEW'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. Estimating the potential upside or downside of FIDELITY NEW MARKETS 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 NEW more accurately as focusing exclusively on FIDELITY NEW's fundamentals will not take into account other important factors: FIDELITY NEW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FIDELITY NEW's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as FIDELITY NEW MARKETS, and traders can use it to determine the average amount a FIDELITY NEW'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 = -0.0143
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGWMX |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FIDELITY NEW is performing at about 0% 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 NEW by adding it to a well-diversified portfolio.
FIDELITY NEW Fundamentals Growth
FIDELITY Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of FIDELITY NEW, and FIDELITY NEW 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 Asset | 4.78 B | |||
About FIDELITY NEW Performance
To evaluate FIDELITY NEW MARKETS 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 NEW 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 NEW MARKETS 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.The fund normally invests at least 80 percent of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Fidelity New is traded on NASDAQ Exchange in the United States.Things to note about FIDELITY NEW MARKETS performance evaluation
Checking the ongoing alerts about FIDELITY NEW for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for FIDELITY NEW MARKETS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| FIDELITY NEW MARKETS generated a negative expected return over the last 90 days | |
| FIDELITY NEW MARKETS is unlikely to experience financial distress in the next 2 years | |
| The fund generated three year return of -1.0% | |
| FIDELITY NEW MARKETS retains about 91.88% of its assets under management (AUM) in fixed income securities |
- Analyzing FIDELITY NEW'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 NEW's stock is overvalued or undervalued compared to its peers.
- Examining FIDELITY NEW'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 NEW's management team can have a significant impact on its success or failure. Reviewing the track record and experience of FIDELITY NEW's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of FIDELITY NEW's mutual fund. These opinions can provide insight into FIDELITY NEW'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, which includes a position in FIDELITY NEW MARKETS. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for FIDELITY Mutual Fund analysis
When running FIDELITY NEW's price analysis, check to measure FIDELITY NEW'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 NEW is operating at the current time. Most of FIDELITY NEW's value examination focuses on studying past and present price action to predict the probability of FIDELITY NEW'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 NEW's price. Additionally, you may evaluate how the addition of FIDELITY NEW to your portfolios can decrease your overall portfolio volatility.
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