Fidelity Europe Fund Price on September 23, 2024
FIEUX Fund | USD 36.52 0.36 1.00% |
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 Europe stands at 36.52, as last reported on the 30th of November, with the highest price reaching 36.52 and the lowest price hitting 36.52 during the day. Fidelity Europe secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of risk over the last 3 months. Fidelity Europe Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Europe's Standard Deviation of 0.8161, variance of 0.6661, and Mean Deviation of 0.6438 to check the risk estimate we provide.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = -0.1129
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Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Europe is not performing at its full potential. However, 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 Europe by adding Fidelity Europe to a well-diversified portfolio.
Fidelity Europe Valuation on September 23, 2024
It is possible to determine the worth of Fidelity Europe on a given historical date. On September 23, 2024 Fidelity was worth 38.47 at the beginning of the trading date compared to the closed value of 38.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Europe mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Europe'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 Europe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Europe's related companies.
Open | High | Low | Close | Volume | |
38.53 | 38.53 | 38.53 | 38.53 | 1.00 | |
09/23/2024 | 38.47 | 38.47 | 38.47 | 38.47 | 1.00 |
38.81 | 38.81 | 38.81 | 38.81 | 1.00 |
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Fidelity Europe Trading Date Momentum on September 23, 2024
On September 24 2024 Fidelity Europe Fund was traded for 38.81 at the closing time. The highest daily price throughout the period was 38.81 and the lowest price was 38.81 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.88% . The overall trading delta to current closing price is 1.17% . |
Fidelity Europe Fundamentals Correlations and Trends
By evaluating Fidelity Europe'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 Europe'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 Europe Mutual Fund history
Fidelity Europe 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 Europe 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 Europe stock prices may prove useful in developing a viable investing in Fidelity Europe
The fund normally invests at least 80 percent of assets in securities of European issuers and other investments that are tied economically to Europe. Fidelity Europe is traded on NASDAQ Exchange in the United States.
Fidelity Europe Mutual Fund Technical Analysis
Fidelity Europe 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 Europe Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fidelity Europe 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 Europe November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Europe 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 Europe shares will generate the highest return on investment. By undertsting and applying Fidelity Europe mutual fund market strength indicators, traders can identify Fidelity Europe Fund entry and exit signals to maximize returns
Fidelity Europe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Europe'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 | (0.09) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (19.26) |
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Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Europe 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 Europe security.
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