Fidelity Freedom Blend Fund Price on November 20, 2023
FFBTX Fund | USD 13.19 0.07 0.53% |
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 Freedom stands at 13.19, as last reported on the 30th of November, with the highest price reaching 13.19 and the lowest price hitting 13.19 during the day. At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Freedom Blend 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-eight technical indicators for Fidelity Freedom Blend, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Freedom's Downside Deviation of 0.6854, mean deviation of 0.4879, and Coefficient Of Variation of 1163.73 to check if the risk estimate we provide is consistent with the expected return of 0.0745%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1235
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
0.07 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 Freedom 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 Freedom by adding it to a well-diversified portfolio.
Fidelity Freedom Valuation on November 20, 2023
It is possible to determine the worth of Fidelity Freedom on a given historical date. On November 20, 2023 Fidelity was worth 10.67 at the beginning of the trading date compared to the closed value of 10.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Freedom mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Freedom'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 Freedom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Freedom's related companies.
Open | High | Low | Close | Volume | |
10.60 | 10.60 | 10.60 | 10.60 | 1.00 | |
11/20/2023 | 10.67 | 10.67 | 10.67 | 10.67 | 1.00 |
10.64 | 10.64 | 10.64 | 10.64 | 1.00 |
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Fidelity Freedom Trading Date Momentum on November 20, 2023
On November 21 2023 Fidelity Freedom Blend was traded for 10.64 at the closing time. The highest daily price throughout the period was 10.64 and the lowest price was 10.64 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.28% . The overall trading delta to current closing price is 0.56% . |
Fidelity Freedom Blend Fundamentals Correlations and Trends
By evaluating Fidelity Freedom'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 Freedom'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 Freedom Mutual Fund history
Fidelity Freedom 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 Freedom Blend 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 Freedom stock prices may prove useful in developing a viable investing in Fidelity Freedom
The fund invests primarily in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds . The adviser allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Blend Income Fund, approximately 10 to 19 years after the year 2040.
Fidelity Freedom Mutual Fund Technical Analysis
Fidelity Freedom 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 Freedom Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fidelity Freedom Blend 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 Freedom November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Freedom 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 Freedom shares will generate the highest return on investment. By undertsting and applying Fidelity Freedom mutual fund market strength indicators, traders can identify Fidelity Freedom Blend entry and exit signals to maximize returns
Fidelity Freedom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Freedom'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 | 0.0637 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | 0.0719 |
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Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Freedom 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 Freedom security.
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