Fidelity Freedom 2010 Fund Manager Performance Evaluation

FOTKX Fund  USD 13.52  0.04  0.30%   
The fund shows a Beta (market volatility) of 0.0379, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Freedom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Freedom is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Freedom 2010 are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward-looking signals, Fidelity Freedom 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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Expense Ratio Date30th of May 2023
Expense Ratio0.2500
  

Fidelity Freedom Relative Risk vs. Return Landscape

If you would invest  1,342  in Fidelity Freedom 2010 on January 24, 2024 and sell it today you would earn a total of  6.00  from holding Fidelity Freedom 2010 or generate 0.45% return on investment over 90 days. Fidelity Freedom 2010 is currently producing 0.0078% returns and takes up 0.3363% volatility of returns over 90 trading days. Put another way, 2% 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  
Assuming the 90 days horizon Fidelity Freedom is expected to generate 10.28 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.87 times less risky than the market. It trades about 0.02 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.13 of returns per unit of risk over similar time horizon.

Fidelity Freedom Current Valuation

Fairly Valued
Today
13.52
Please note that Fidelity Freedom's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity Freedom 2010 shows a prevailing Real Value of $13.52 per share. The current price of the fund is $13.52. We determine the value of Fidelity Freedom 2010 from reviewing 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, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Fidelity Freedom 2010 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 Freedom. Since Fidelity Freedom is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Freedom'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.
Historical Market  13.52 Real  13.52 Hype  13.48
The real value of Fidelity Mutual Fund, also known as its intrinsic value, is the underlying worth of Fidelity Freedom 2010 Mutual Fund, which is reflected in its stock price. It is based on Fidelity Freedom's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Fidelity Freedom's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Freedom's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
13.52
Real Value
13.85
Upside
Estimating the potential upside or downside of Fidelity Freedom 2010 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 Freedom more accurately as focusing exclusively on Fidelity Freedom's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
13.1513.4813.81
Details

Fidelity Freedom Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Freedom's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Freedom 2010, and traders can use it to determine the average amount a Fidelity Freedom'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 = 0.0231

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Estimated Market Risk

 0.34
  actual daily
3
97% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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99% of assets perform better
Based on monthly moving average Fidelity Freedom is performing at about 1% 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 Freedom by adding it to a well-diversified portfolio.

Fidelity Freedom Fundamentals Growth

Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Freedom, and Fidelity Freedom 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.

About Fidelity Freedom Performance

To evaluate Fidelity Freedom 2010 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 Freedom 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 Freedom 2010 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 invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Income Fund, approximately 10 to 19 years after the year 2010.

Things to note about Fidelity Freedom 2010 performance evaluation

Checking the ongoing alerts about Fidelity Freedom for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Freedom 2010 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
Fidelity Freedom 2010 retains about 7.1% of its assets under management (AUM) in cash
Evaluating Fidelity Freedom's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity Freedom's mutual fund performance include:
  • Analyzing Fidelity Freedom'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 Freedom's stock is overvalued or undervalued compared to its peers.
  • Examining Fidelity Freedom'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 Freedom's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Freedom's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Fidelity Freedom's mutual fund. These opinions can provide insight into Fidelity Freedom's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fidelity Freedom's mutual fund performance is not an exact science, and many factors can impact Fidelity Freedom's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Freedom 2010. 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 industry.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Freedom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom'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.