Fidelity Freedom Blend Fund Probability of Future Mutual Fund Price Finishing Under 13.01
FHAOX Fund | USD 13.19 0.06 0.46% |
Fidelity |
Fidelity Freedom Target Price Odds to finish below 13.01
The tendency of Fidelity Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 13.01 or more in 90 days |
13.19 | 90 days | 13.01 | about 45.56 |
Based on a normal probability distribution, the odds of Fidelity Freedom to drop to $ 13.01 or more in 90 days from now is about 45.56 (This Fidelity Freedom Blend probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Fidelity Freedom Blend price to stay between $ 13.01 and its current price of $13.19 at the end of the 90-day period is about 31.48 .
Assuming the 90 days horizon Fidelity Freedom has a beta of 0.7. This usually indicates as returns on the market go up, Fidelity Freedom average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Freedom Blend will be expected to be much smaller as well. Additionally Fidelity Freedom Blend has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Fidelity Freedom Price Density |
Price |
Predictive Modules for Fidelity Freedom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity Freedom Blend. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Fidelity Freedom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity Freedom is not an exception. The market had few large corrections towards the Fidelity Freedom's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fidelity Freedom Blend, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity Freedom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.11 |
Fidelity Freedom Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fidelity Freedom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity Freedom Blend can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The fund retains 88.79% of its assets under management (AUM) in equities |
Fidelity Freedom Technical Analysis
Fidelity Freedom's future price can be derived by breaking down and analyzing its technical indicators over time. Fidelity Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fidelity Freedom Blend. In general, you should focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Fidelity Freedom Predictive Forecast Models
Fidelity Freedom's time-series forecasting models is one of many Fidelity Freedom's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Fidelity Freedom's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Fidelity Freedom Blend
Checking the ongoing alerts about Fidelity Freedom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Freedom Blend help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 88.79% of its assets under management (AUM) in equities |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Freedom 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 Freedom security.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
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Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |