Fidelity Summer Street Fund Price on April 29, 2024
| FAPHX Fund | 13.89 0.03 0.22% |
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Fidelity Summer stands at 13.89, as last reported on the 3rd of December, with the highest price reaching 13.89 and the lowest price hitting 13.89 during the day. At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Summer Street secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Summer Street, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Summer's Mean Deviation of 0.568, coefficient of variation of 1015.33, and Downside Deviation of 0.8126 to check if the risk estimate we provide is consistent with the expected return of 0.0831%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1227
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Summer is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Summer by adding it to a well-diversified portfolio.
Fidelity Summer Main Headline on 29th of April 2024
Insights from Fidelitys portfolio manager Paul McElroy Fidel... by news.google.com
Insights from Fidelitys portfolio manager Paul McElroy Fidelity Fidelity Investments
Fidelity Summer Valuation on April 29, 2024
It is possible to determine the worth of Fidelity Summer on a given historical date. On April 29, 2024 Fidelity was worth 12.06 at the beginning of the trading date compared to the closed value of 12.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Summer mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Summer's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Summer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Summer's related companies.
| Open | High | Low | Close | Volume | |
| 11.99 | 11.99 | 11.99 | 11.99 | 1.00 | |
04/29/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 |
| 11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
| Backtest Fidelity Summer | | | Fidelity Summer History | | | Fidelity Summer Valuation | Previous | Next |
Fidelity Summer Trading Date Momentum on April 29, 2024
| On April 30 2024 Fidelity Summer Street was traded for 11.96 at the closing time. The highest daily price throughout the period was 11.96 and the lowest price was 11.96 . There was no trading activity during the period 1.0. Lack of trading volume on 04/30/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.83% . The overall trading delta to current closing price is 2.07% . |
Fidelity Summer Street Fundamentals Correlations and Trends
By evaluating Fidelity Summer's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Summer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fidelity Summer Mutual Fund history
Fidelity Summer investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Summer Street will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Summer stock prices may prove useful in developing a viable investing in Fidelity Summer
The fund invests at least 80 percent of its assets in equity securities of companies that FMR believes are working to extend andor improve life expectancy, enhance health and wellness in peoples lives, andor mitigate environmental impacts affecting health and wellness, in each case through the products, services, or technology they provide.
Fidelity Summer Mutual Fund Technical Analysis
Fidelity Summer technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Fidelity Summer Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Fidelity Summer Street cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fidelity Summer December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Summer mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Summer shares will generate the highest return on investment. By undertsting and applying Fidelity Summer mutual fund market strength indicators, traders can identify Fidelity Summer Street entry and exit signals to maximize returns
Fidelity Summer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Summer's price direction in advance. Along with the technical and fundamental analysis of Fidelity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0744 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0851 |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Summer 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 Summer security.
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