Fidelity Conservative Competition

FMNDX Fund

USD 10.06 0.01 0.1%

Fidelity Servative Income competes with Commonwealth Real, Jhancock Real, Columbia Real, Fidelity Real, and Prudential Real; as well as few others. The fund is listed under Muni National Short category and is part of Fidelity Investments family. Analyzing Fidelity Conservative competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Fidelity Conservative to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fidelity Conservative Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Fidelity Conservative competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Conservative's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
10.00	10.06	10.12

Details

Intrinsic

Valuation

Low	Real	High
9.74	9.80	11.07

Details

Fidelity Conservative Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fidelity Conservative and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Fidelity and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Fidelity Servative Income does not affect the price movement of the other competitor.

	CNREX	JYEBX	PNDIX	CREYX	FIKMX	PRKAX	SEIRX
CNREX		0.65	0.17	0.76	0.75	0.9	0.72	CNREX
JYEBX	0.65		0.54	0.94	0.53	0.58	0.97	JYEBX
PNDIX	0.17	0.54		0.3	-0.2	0.12	0.38	PNDIX
CREYX	0.76	0.94	0.3		0.74	0.74	0.99	CREYX
FIKMX	0.75	0.53	-0.2	0.74		0.83	0.68	FIKMX
PRKAX	0.9	0.58	0.12	0.74	0.83		0.67	PRKAX
SEIRX	0.72	0.97	0.38	0.99	0.68	0.67		SEIRX
	CNREX	JYEBX	PNDIX	CREYX	FIKMX	PRKAX	SEIRX

Click cells to compare fundamentals

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High positive correlations

SEIRX	+ 0.99	CREYX
SEIRX	+ 0.97	JYEBX
CREYX	+ 0.94	JYEBX
PRKAX	+ 0.9	CNREX
PRKAX	+ 0.83	FIKMX
CREYX	+ 0.76	CNREX

High negative correlations

FIKMX

- 0.2

PNDIX

Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Conservative Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fidelity Conservative's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CNREX	0.61	0.03	(0.07)	0.21	0.76	(0.63)	1.22	(1.53)	3.86
JYEBX	0.66	0.06	(0.04)	0.35	0.75	(0.69)	1.22	(1.15)	3.51
PNDIX	0.05	0.01	0.00	2.88	0.00	0.00	0.10	0.00	0.70
CREYX	0.68	0.05	(0.06)	0.35	0.77	(0.74)	1.31	(1.31)	3.61
FIKMX	0.22	0.02	(0.36)	1.68	0.21	(0.23)	0.49	(0.41)	1.22
PRKAX	0.54	0.04	(0.09)	0.37	0.55	(0.64)	1.00	(1.24)	2.80
SEIRX	0.68	0.06	(0.05)	0.41	0.73	(0.78)	1.27	(1.27)	3.65

Unable to evaluate fundamental data of [CNREX, JYEBX, PNDIX, CREYX, FIKMX, PRKAX, SEIRX] at this time. Please try again later

All Fundamental Data

Fidelity Conservative Competitive Analysis

The better you understand Fidelity Conservative competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fidelity Conservative's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Fidelity Conservative's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FMNDX	CNREX	JYEBX	PNDIX	CREYX	FIKMX	PRKAX	SEIRX
	0.1 10.06 Fidelity	0.04 25.79 Commonwealth	0.44 13.61 Jhancock	0.1 10.04 Pender	0.59 11.70 Columbia	0.08 12.29 Fidelity	0.12 8.18 Prudential	0.61 17.84 Simt
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	OK	Solid	OK	OK	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	About Average	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Cautious Hold	Hold	Strong Hold	Cautious Hold	Sell	Cautious Hold	Cautious Hold
Net Asset	2.47 B	13.6 M	251.61 M	N/A	321.38 M	4.58 B	25.61 M	131.55 M
Minimum Initial Investment	1000 K	200	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	N/A	1.74 X	N/A	N/A	N/A	N/A	0.90 X	2.52 X
Five Year Return	1.62 %	7.22 %	N/A	N/A	6.94 %	4.20 %	4.62 %	7.05 %
One Year Return	3.83 %	28.04 %	N/A	N/A	29.96 %	15.52 %	33.89 %	32.60 %
Last Dividend Paid	N/A	0.07	0.2	N/A	0.07	N/A	0.11	0.05
Price To Earning	N/A	24.21 X	N/A	N/A	N/A	N/A	18.47 X	40.22 X
Price To Sales	N/A	1.98 X	N/A	N/A	N/A	N/A	4.39 X	6.99 X
Cash Position Weight	14.88 %	3.61 %	0.71 %	N/A	0.93 %	9.99 %	2.65 %	2.81 %
Equity Positions Weight	N/A	96.39 %	99.28 %	N/A	99.07 %	33.25 %	77.97 %	97.19 %
Three Year Return	2.32 %	3.35 %	N/A	N/A	2.63 %	1.82 %	4.24 %	1.90 %
Annual Yield	0.0002 %	N/A	0.02 %	N/A	0.01 %	0.05 %	0.03 %	0.01 %
Year To Date Return	3.03 %	13.15 %	N/A	N/A	15.39 %	10.30 %	20.48 %	18.15 %
Bond Positions Weight	85.12 %	N/A	N/A	N/A	N/A	29.35 %	N/A	N/A
Ten Year Return	N/A	5.07 %	N/A	N/A	8.17 %	6.58 %	N/A	8.06 %
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	10.06	25.79	13.61	10.04	11.7	12.29	8.18	17.84
Period Momentum Indicator	0.01	0.01	(0.06)	0.01	(0.07)	0.01	(0.01)	(0.11)
Rate Of Daily Change	1.0	1.0	1.0	1.0	0.99	1.0	1.0	0.99
Day Median Price	10.06	25.79	13.61	10.04	11.7	12.29	8.18	17.84
Price Action Indicator	0.005	0.005	(0.03)	0.005	(0.04)	0.005	(0.01)	(0.06)
Coefficient Of Variation	598.61	1004.23	774.84	451.09	997.33	939.56	900.52	841.06
Mean Deviation	0.0286	0.6133	0.6599	0.0462	0.6817	0.2154	0.5354	0.6795
Jensen Alpha	0.0036	0.0269	0.0594	0.0094	0.0463	0.0176	0.0407	0.0613
Total Risk Alpha	(0.01)	(0.06)	(0.04)	(0.01)	(0.07)	(0.03)	(0.05)	(0.05)
Sortino Ratio	N/A	(0.07)	(0.04)	N/A	(0.06)	(0.36)	(0.09)	(0.05)
Downside Variance	N/A	0.7647	0.7456	N/A	0.7276	0.093	0.4792	0.7263
Standard Deviation	0.0635	0.8071	0.8004	0.0893	0.8297	0.2724	0.6506	0.8325
Kurtosis	13.3	0.6891	(0.22)	34.95	(0.12)	0.0709	(0.21)	(0.27)
Potential Upside	0.0996	1.22	1.22	0.1006	1.31	0.4918	1.0	1.27
Treynor Ratio	(0.03)	0.2064	0.3513	2.88	0.3467	1.68	0.3694	0.4101
Maximum Drawdown	0.3994	3.86	3.51	0.6956	3.61	1.22	2.8	3.65
Variance	0.004	0.6514	0.6406	0.008	0.6884	0.0742	0.4232	0.6931
Market Risk Adjusted Performance	(0.02)	0.2164	0.3613	2.89	0.3567	1.69	0.3794	0.4201
Risk Adjusted Performance	0.0172	0.0767	0.0991	0.0938	0.0774	0.0633	0.0831	0.0917
Skewness	3.25	(0.41)	(0.47)	(4.96)	(0.41)	(0.32)	(0.47)	(0.35)
Semi Deviation	N/A	0.7638	0.7495	N/A	0.7712	0.2107	0.5533	0.7304
Information Ratio	(2.00)	(0.07)	(0.04)	(1.32)	(0.07)	(0.40)	(0.10)	(0.05)
Value At Risk	N/A	(1.53)	(1.15)	N/A	(1.31)	(0.41)	(1.24)	(1.27)
Expected Short fall	N/A	(0.63)	(0.69)	N/A	(0.74)	(0.23)	(0.64)	(0.78)
Downside Deviation	N/A	0.8744	0.8635	N/A	0.853	0.3049	0.6922	0.8522
Semi Variance	N/A	0.5833	0.5618	N/A	0.5948	0.0444	0.3062	0.5334

Fidelity Conservative Competition Performance Charts

Five steps to successful analysis of Fidelity Conservative Competition

Fidelity Conservative's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Fidelity Servative Income in relation to its competition. Fidelity Conservative's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fidelity Conservative in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Fidelity Conservative's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fidelity Servative Income, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Fidelity Conservative position

In addition to having Fidelity Conservative in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.

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Other Information on Investing in Fidelity Mutual Fund

Fidelity Conservative financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Conservative security.

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