Fidelity Govt Cash Fund Price on October 7, 2024
| FDRXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for Fidelity Govt Cash extending back to December 31, 1979. 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 Govt stands at 1.00, as last reported on the 28th of November, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in Fidelity Money Market Fund, it is important to understand the factors that can impact its price. At this stage we consider Fidelity Money Market Fund to be not too volatile. Fidelity Govt Cash secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Fidelity Govt Cash, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Govt's Mean Deviation of 0.0301, variance of 0.0155, and Standard Deviation of 0.1243 to check if the risk estimate we provide is consistent with the expected return of 0.016%.
Fidelity Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDRXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Govt 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 Govt by adding it to a well-diversified portfolio.
Fidelity Govt Valuation on October 7, 2024
It is possible to determine the worth of Fidelity Govt on a given historical date. On October 7, 2024 Fidelity was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Govt money market fund. Still, in general, we apply an absolute valuation method to find Fidelity Govt'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 Govt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Govt's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
10/07/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Backtest Fidelity Govt | | | Fidelity Govt History | | | Fidelity Govt Valuation | Previous | Next |
Fidelity Govt Trading Date Momentum on October 7, 2024
| On October 08 2024 Fidelity Govt Cash was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Fidelity Govt Money Market Fund history
Fidelity Govt 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 Govt Cash 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 Govt stock prices may prove useful in developing a viable investing in Fidelity Govt
Fidelity Govt Money Market Fund Technical Analysis
Fidelity Govt technical money market 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 Govt Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fidelity Govt Cash 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 Govt November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Govt money market 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 Govt shares will generate the highest return on investment. By undertsting and applying Fidelity Govt money market fund market strength indicators, traders can identify Fidelity Govt Cash entry and exit signals to maximize returns
Fidelity Govt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Govt's price direction in advance. Along with the technical and fundamental analysis of Fidelity Money Market 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 | 0.0427 | |||
| Jensen Alpha | 0.0069 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Money Market Fund
Fidelity Govt financial ratios help investors to determine whether Fidelity Money Market 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 Govt security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |