Fidelity China Region Fund Price on June 21, 2024
| FCHKX Fund | USD 36.44 0.34 0.94% |
Below is the normalized historical share price chart for Fidelity China Region extending back to May 15, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity China stands at 36.44, as last reported on the 28th of November, with the highest price reaching 36.44 and the lowest price hitting 36.44 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity China Region secures Sharpe Ratio (or Efficiency) of 0.0589, which denotes the fund had a 0.0589% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity China Region, which you can use to evaluate the volatility of the entity. Please confirm Fidelity China's Mean Deviation of 1.25, downside deviation of 1.51, and Coefficient Of Variation of 1670.86 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.0589
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| Cash | Small Risk | FCHKX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Fidelity China is performing at about 4% 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 China by adding it to a well-diversified portfolio.
Fidelity China Valuation on June 21, 2024
It is possible to determine the worth of Fidelity China on a given historical date. On June 21, 2024 Fidelity was worth 35.26 at the beginning of the trading date compared to the closed value of 35.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity China mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity China's related companies.
| Open | High | Low | Close | Volume | |
| 35.61 | 35.61 | 35.61 | 35.61 | 1.00 | |
06/21/2024 | 35.26 | 35.26 | 35.26 | 35.26 | 1.00 |
| 35.14 | 35.14 | 35.14 | 35.14 | 1.00 |
| Backtest Fidelity China | | | Fidelity China History | | | Fidelity China Valuation | Previous | Next |
Fidelity China Trading Date Momentum on June 21, 2024
| On June 24 2024 Fidelity China Region was traded for 35.14 at the closing time. The highest daily price throughout the period was 35.14 and the lowest price was 35.14 . There was no trading activity during the period 1.0. Lack of trading volume on 06/24/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.34% . The overall trading delta to current closing price is 0.96% . |
Fidelity China Region Fundamentals Correlations and Trends
By evaluating Fidelity China'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 China'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 China Mutual Fund history
Fidelity China 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 China Region 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 China stock prices may prove useful in developing a viable investing in Fidelity China
The fund normally invests at least 80 percent of assets in securities of Hong Kong, Taiwanese, and Chinese issuers and other investments that are tied economically to the China region. It normally invests primarily in common stocks. The fund allocates investments across different China region countries. It invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Hong Kong, Taiwanese, and Chinese market. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.
Fidelity China Mutual Fund Technical Analysis
Fidelity China 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 China Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fidelity China Region 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 China November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity China 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 China shares will generate the highest return on investment. By undertsting and applying Fidelity China mutual fund market strength indicators, traders can identify Fidelity China Region entry and exit signals to maximize returns
Fidelity China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity China'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 | 0.0515 | |||
| Jensen Alpha | 0.0479 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2312 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity China 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 China security.
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