Fidelity Extended Market Fund Probability of Future Mutual Fund Price Finishing Under 98.69
| FSMAX Fund | USD 98.69 0.61 0.62% |
Fidelity |
Fidelity Extended Target Price Odds to finish below 98.69
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 move below current price in 90 days |
| 98.69 | 90 days | 98.69 | close to 99 |
Based on a normal probability distribution, the odds of Fidelity Extended to move below current price in 90 days from now is close to 99 (This Fidelity Extended Market probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Fidelity Extended has a beta of 0.13. This usually indicates as returns on the market go up, Fidelity Extended average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Extended Market will be expected to be much smaller as well. Additionally Fidelity Extended Market has an alpha of 0.1918, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fidelity Extended Price Density |
| Price |
Predictive Modules for Fidelity Extended
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 Extended Market. 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 Extended Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity Extended is not an exception. The market had few large corrections towards the Fidelity Extended'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 Extended Market, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity Extended within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 4.06 | |
Ir | Information ratio | 0.08 |
Fidelity Extended 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 Extended for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity Extended Market 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 99.78% of its assets under management (AUM) in equities |
Fidelity Extended Technical Analysis
Fidelity Extended'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 Extended Market. In general, you should focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Fidelity Extended Predictive Forecast Models
Fidelity Extended's time-series forecasting models is one of many Fidelity Extended'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 Extended'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 Extended Market
Checking the ongoing alerts about Fidelity Extended for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Extended Market 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 99.78% of its assets under management (AUM) in equities |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Extended 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 Extended security.
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