Fidelity Sai Convertible Fund Quote

FSAWX Fund   10.95  0.01  0.09%   

Performance

38 of 100

 
Weak
 
Strong
Very Strong

Odds Of Distress

Less than 17

 
High
 
Low
Low
Fidelity Sai is trading at 10.95 as of the 24th of November 2024; that is 0.09 percent increase since the beginning of the trading day. The fund's open price was 10.94. Fidelity Sai has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a very strong performance during the last 90 days. Equity ratings for Fidelity Sai Convertible are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
The fund advisor employs a convertible arbitrage strategy, which involves gaining exposure to a portfolio of convertible securities , and hedging the equity risk inherent in these securities by selling short the common stock into which the securities may be converted. More on Fidelity Sai Convertible

Moving together with Fidelity Mutual Fund

  0.86FPURX Fidelity PuritanPairCorr
  0.86FPUKX Fidelity PuritanPairCorr
  0.65FQIPX Fidelity Freedom IndexPairCorr

Moving against Fidelity Mutual Fund

  0.74FQITX Fidelity Salem StreetPairCorr
  0.33FRAMX Fidelity Income ReplPairCorr
  0.31FRIMX Fidelity Income ReplPairCorr

Fidelity Mutual Fund Highlights

Fund ConcentrationFidelity Investments Funds, Relative Value Arbitrage Funds, Relative Value Arbitrage, Fidelity Investments, Fidelity Investments, Alternative Funds (View all Sectors)
Update Date30th of September 2024
Fidelity Sai Convertible [FSAWX] is traded in USA and was established 24th of November 2024. Fidelity Sai is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Relative Value Arbitrage category and is part of Fidelity Investments family. Fidelity Sai Convertible currently has accumulated in assets under management (AUM) with no minimum investment requirements
Check Fidelity Sai Probability Of Bankruptcy

Fidelity Sai Convertible Risk Profiles

Fidelity Sai Against Markets

Other Information on Investing in Fidelity Mutual Fund

Fidelity Sai 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 Sai security.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world