Fidelity Intermediate Municipal Fund Probability of Future Mutual Fund Price Finishing Over 9.79
FIQZX Fund | USD 10.18 0.02 0.20% |
Fidelity |
Fidelity Intermediate Target Price Odds to finish over 9.79
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 stay above $ 9.79 in 90 days |
10.18 | 90 days | 9.79 | close to 99 |
Based on a normal probability distribution, the odds of Fidelity Intermediate to stay above $ 9.79 in 90 days from now is close to 99 (This Fidelity Intermediate Municipal probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Fidelity Intermediate price to stay between $ 9.79 and its current price of $10.18 at the end of the 90-day period is about 73.12 .
Assuming the 90 days horizon Fidelity Intermediate Municipal has a beta of -0.072. This usually indicates as returns on the benchmark increase, returns on holding Fidelity Intermediate are expected to decrease at a much lower rate. During a bear market, however, Fidelity Intermediate Municipal is likely to outperform the market. Additionally Fidelity Intermediate Municipal has an alpha of 0.0074, implying that it can generate a 0.007426 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fidelity Intermediate Price Density |
Price |
Predictive Modules for Fidelity Intermediate
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 Intermediate. 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 Intermediate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity Intermediate is not an exception. The market had few large corrections towards the Fidelity Intermediate'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 Intermediate Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity Intermediate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.64 |
Fidelity Intermediate 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 Intermediate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity Intermediate 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 about 95.62% of its assets under management (AUM) in fixed income securities |
Fidelity Intermediate Technical Analysis
Fidelity Intermediate'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 Intermediate Municipal. In general, you should focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Fidelity Intermediate Predictive Forecast Models
Fidelity Intermediate's time-series forecasting models is one of many Fidelity Intermediate'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 Intermediate'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 Intermediate
Checking the ongoing alerts about Fidelity Intermediate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Intermediate 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 about 95.62% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Intermediate 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 Intermediate security.
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