Fidelity Equity Income Fund Price on May 8, 2023
| FEQIX Fund | USD 81.50 0.13 0.16% |
Below is the normalized historical share price chart for Fidelity Equity Income Fund extending back to May 15, 1986. 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 Equity-income stands at 81.50, as last reported on the 30th of November, with the highest price reaching 81.50 and the lowest price hitting 81.50 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 Equity Income secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Equity Income Fund, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Equity-income's Downside Deviation of 0.5413, coefficient of variation of 663.05, and Mean Deviation of 0.4683 to check if the risk estimate we provide is consistent with the expected return of 0.097%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1644
| Best Portfolio | Best Equity | |||
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| Cash | FEQIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Fidelity Equity-income is performing at about 12% 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 Equity-income by adding it to a well-diversified portfolio.
Fidelity Equity-income Valuation on May 8, 2023
It is possible to determine the worth of Fidelity Equity-income on a given historical date. On May 8, 2023 Fidelity was worth 62.36 at the beginning of the trading date compared to the closed value of 62.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Equity-income mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Equity-income'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 Equity-income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Equity-income's related companies.
| Open | High | Low | Close | Volume | |
| 62.36 | 62.36 | 62.36 | 62.36 | 1.00 | |
05/08/2023 | 62.36 | 62.36 | 62.36 | 62.36 | 1.00 |
| 62.16 | 62.16 | 62.16 | 62.16 | 1.00 |
| Backtest Fidelity Equity-income | | | Fidelity Equity-income History | | | Fidelity Equity-income Valuation | Previous | Next |
Fidelity Equity-income Trading Date Momentum on May 8, 2023
| On May 09 2023 Fidelity Equity Income Fund was traded for 62.16 at the closing time. The highest daily price throughout the period was 62.16 and the lowest price was 62.16 . There was no trading activity during the period 1.0. Lack of trading volume on 05/09/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.32% . The overall trading delta to current closing price is 0.10% . |
Fidelity Equity Income Fundamentals Correlations and Trends
By evaluating Fidelity Equity-income'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 Equity-income'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 Equity-income Mutual Fund history
Fidelity Equity-income 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 Equity Income 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 Equity-income stock prices may prove useful in developing a viable investing in Fidelity Equity-income
The fund normally invests at least 80 percent of assets in equity securities. It primarily invests income-producing equity securities, which tends to lead to investments in large cap value stocks. The fund invests in domestic and foreign issuers. It potentially invests in other types of equity securities and debt securities, including lower-quality debt securities.
Fidelity Equity-income Mutual Fund Technical Analysis
Fidelity Equity-income 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 Equity-income Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fidelity Equity Income Fund 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 Equity-income November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Equity-income 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 Equity-income shares will generate the highest return on investment. By undertsting and applying Fidelity Equity-income mutual fund market strength indicators, traders can identify Fidelity Equity Income Fund entry and exit signals to maximize returns
Fidelity Equity-income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Equity-income'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 | 0.1128 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1112 |
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| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Equity-income 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 Equity-income security.
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