Fidelity Mutual Fund Manager Performance Evaluation

FXAIX -  USA Fund  

USD 154.27  2.62  1.73%

The fund shows a Beta (market volatility) of 0.1381, 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 500 returns are expected to increase less than the market. However, during the bear market, the loss on holding Fidelity 500 will be expected to be smaller as well. Although it is extremely important to respect Fidelity 500 Index historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards 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 reviewing Fidelity 500 Index technical indicators, you can presently evaluate if the expected return of 0.0369% will be sustainable into the future.

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 Fidelity Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity 500 Index are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Fidelity 500 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low112.65
Fifty Two Week High157.81
Annual Report Expense Ratio0.01%

Fidelity 500 Relative Risk vs. Return Landscape

If you would invest  14,849  in Fidelity 500 Index on June 24, 2021 and sell it today you would earn a total of  316.00  from holding Fidelity 500 Index or generate 2.13% return on investment over 90 days. Fidelity 500 Index is currently producing 0.0369% returns and takes up 0.6099% volatility of returns over 90 trading days. Put another way, 5% 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 500 is expected to generate 0.9 times more return on investment than the market. However, the company is 1.11 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of risk.

Fidelity 500 Current Valuation

Fairly Valued
Today
154.27
22nd of September 2021
Share
Please note that Fidelity 500's price fluctuation is very steady at this time.
Fidelity 500 Index shows a prevailing Real Value of $153.88 per share. The current price of the fund is $154.27. At this time, the entity appears to be fairly valued. We determine the value of Fidelity 500 Index from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will submerge.
Our valuation method for Fidelity 500 Index 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 500. Since Fidelity 500 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity 500'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.
153.27
Downside
153.88
Real Value
154.49
Upside
Estimating the potential upside or downside of Fidelity 500 Index 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 500 more accurately as focusing exclusively on Fidelity 500's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
151.36155.41159.46
Details
Hype
Prediction
LowEstimated ValueHigh
153.66154.27154.88
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
1.411.411.42
Details

Fidelity 500 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity 500's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity 500 Index, and traders can use it to determine the average amount a Fidelity 500'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 = 0.0606

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Estimated Market Risk
 0.61
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Fidelity 500 is performing at about 4% 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 500 by adding it to a well-diversified portfolio.

About Fidelity 500 Performance

To evaluate Fidelity 500 Index 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 500 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 500 Index stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 investment seeks to provide investment results that correspond to the total return performance of common stocks publicly traded in the United States. Fidelity 500 is traded on NASDAQ Exchange in the United States.

Things to note about Fidelity 500 Index

Checking the ongoing alerts about Fidelity 500 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity 500 Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Fidelity 500 Alerts

Equity Alerts and Improvement Suggestions

Fidelity 500 Index is unlikely to experience financial distress in the next 2 years
The fund retains 99.82% of its assets under management (AUM) in equities
Please check Investing Opportunities. Note that the Fidelity 500 Index information on this page should be used as a complementary analysis to other Fidelity 500's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Fidelity 500 Index price analysis, check to measure Fidelity 500'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 500 is operating at the current time. Most of Fidelity 500's value examination focuses on studying past and present price action to predict the probability of Fidelity 500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fidelity 500's price. Additionally, you may evaluate how the addition of Fidelity 500 to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity 500's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity 500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity 500'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.