Fidelity Founders Fund Price on November 19, 2024
FIFNX Fund | USD 24.55 0.10 0.41% |
Below is the normalized historical share price chart for Fidelity Founders extending back to February 20, 2019. 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 Founders stands at 24.55, as last reported on the 25th of November, with the highest price reaching 24.55 and the lowest price hitting 24.55 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 Founders secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Founders, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Founders' Mean Deviation of 0.7095, coefficient of variation of 520.84, and Downside Deviation of 1.02 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1797
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Fidelity Founders is performing at about 14% 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 Founders by adding it to a well-diversified portfolio.
Fidelity Founders Valuation on November 19, 2024
It is possible to determine the worth of Fidelity Founders on a given historical date. On November 19, 2024 Fidelity was worth 24.26 at the beginning of the trading date compared to the closed value of 24.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Founders mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Founders' 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 Founders where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Founders' related companies.
Open | High | Low | Close | Volume | |
23.96 | 23.96 | 23.96 | 23.96 | 1.00 | |
11/19/2024 | 24.26 | 24.26 | 24.26 | 24.26 | 1.00 |
24.30 | 24.30 | 24.30 | 24.30 | 1.00 |
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Fidelity Founders Trading Date Momentum on November 19, 2024
On November 20 2024 Fidelity Founders was traded for 24.30 at the closing time. The highest daily price throughout the period was 24.30 and the lowest price was 24.30 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 1.20% . |
Fidelity Founders Fundamentals Correlations and Trends
By evaluating Fidelity Founders' 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 Founders' 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 Founders Mutual Fund history
Fidelity Founders 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 Founders 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 Founders stock prices may prove useful in developing a viable investing in Fidelity Founders
The fund normally invests primarily in equity securities of founder-involved companies. Founder-involved companies are those for which, at the time of the funds initial purchase, a founder is a member of the senior management team or the companys board of directors. The fund uses quantitative analysis to evaluate growth potential, valuation, liquidity, and investment risk, along with fundamental analysis of factors such as each issuers financial condition, its industry position, and market and economic conditions to select investments.
Fidelity Founders Mutual Fund Technical Analysis
Fidelity Founders 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 Founders Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Fidelity Founders 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 Founders November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Founders 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 Founders shares will generate the highest return on investment. By undertsting and applying Fidelity Founders mutual fund market strength indicators, traders can identify Fidelity Founders entry and exit signals to maximize returns
Fidelity Founders Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Founders' 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 | 0.1496 | |||
Jensen Alpha | 0.0595 | |||
Total Risk Alpha | 0.0244 | |||
Sortino Ratio | 0.0591 | |||
Treynor Ratio | 0.1797 |
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Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Founders 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 Founders security.
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