Fidelity Series Floating Fund Price on June 2, 2023

FFHCX Fund  USD 9.05  0.01  0.11%   
Below is the normalized historical share price chart for Fidelity Series Floating extending back to October 26, 2011. 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 Series stands at 9.05, as last reported on the 1st of December, with the highest price reaching 9.05 and the lowest price hitting 9.05 during the day.
 
Yuan Drop
 
Covid
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 Series Floating secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the fund had a 0.3% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Fidelity Series Floating, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Series' Mean Deviation of 0.0865, variance of 0.0228, and Standard Deviation of 0.151 to check if the risk estimate we provide is consistent with the expected return of 0.0385%.
  
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2995

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFFHCX

Estimated Market Risk

 0.13
  actual daily
1
99% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average Fidelity Series is performing at about 23% 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 Series by adding it to a well-diversified portfolio.

Fidelity Series Main Headline on 2nd of June 2023

Is FFHCX a Strong Bond Fund Right Now Zacks Investment Research

Fidelity Series Valuation on June 2, 2023

It is possible to determine the worth of Fidelity Series on a given historical date. On June 2, 2023 Fidelity was worth 7.7 at the beginning of the trading date compared to the closed value of 7.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Series mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Series' 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 Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Series' related companies.
 Open High Low Close Volume
  7.69    7.69    7.69    7.69    1.00  
06/02/2023
  7.70    7.70    7.70    7.70    1.00  
  7.71    7.71    7.71    7.71    1.00  
Backtest Fidelity Series  |  Fidelity Series History  |  Fidelity Series Valuation   PreviousNext  
Open Value
7.7
7.7
Closing Value
8.09
Upside

Fidelity Series Trading Date Momentum on June 2, 2023

On June 05 2023 Fidelity Series Floating was traded for  7.71  at the closing time. The highest daily price throughout the period was 7.71  and the lowest price was  7.71 . There was no trading activity during the period 1.0. Lack of trading volume on 06/05/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.13% . The overall trading delta to current closing price is 0.65% .

Fidelity Series Floating Fundamentals Correlations and Trends

By evaluating Fidelity Series' 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 Series' 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 Series Mutual Fund history

Fidelity Series 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 Series Floating 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 Series stock prices may prove useful in developing a viable investing in Fidelity Series
The fund normally invests at least 80 percent of assets in floating rate loans, which are often lower-quality debt securities , and other floating rate securities. It invests in companies in troubled or uncertain financial condition. The fund invests in money market and investment-grade debt securities, and repurchase agreements. It invests in domestic and foreign issuers.

Fidelity Series Mutual Fund Technical Analysis

Fidelity Series 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.
A focus of Fidelity Series technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Series trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity Series Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fidelity Series Floating 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 Series December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Fidelity Series 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 Series shares will generate the highest return on investment. By undertsting and applying Fidelity Series mutual fund market strength indicators, traders can identify Fidelity Series Floating entry and exit signals to maximize returns

Fidelity Series Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fidelity Series' 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.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Series 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 Series security.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes