Fidelity Flex International Fund Price on May 8, 2023
FITFX Fund | USD 13.63 0.11 0.81% |
Below is the normalized historical share price chart for Fidelity Flex International extending back to March 15, 2017. 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 Flex stands at 13.63, as last reported on the 1st of December, with the highest price reaching 13.63 and the lowest price hitting 13.63 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. Fidelity Flex Intern secures Sharpe Ratio (or Efficiency) of -0.018, which denotes the fund had a -0.018% return per unit of risk over the last 3 months. Fidelity Flex International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Flex's Mean Deviation of 0.641, variance of 0.7094, and Standard Deviation of 0.8422 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 = -0.018
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Estimated Market Risk
0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Flex 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 Flex by adding Fidelity Flex to a well-diversified portfolio.
Fidelity Flex Valuation on May 8, 2023
It is possible to determine the worth of Fidelity Flex on a given historical date. On May 8, 2023 Fidelity was worth 11.96 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Flex mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Flex'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 Flex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Flex's related companies.
Open | High | Low | Close | Volume | |
11.95 | 11.95 | 11.95 | 11.95 | 1.00 | |
05/08/2023 | 11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
11.92 | 11.92 | 11.92 | 11.92 | 1.00 |
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Fidelity Flex Trading Date Momentum on May 8, 2023
On May 09 2023 Fidelity Flex International was traded for 11.92 at the closing time. The highest daily price throughout the period was 11.92 and the lowest price was 11.92 . 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 0.33% . The overall trading delta to current closing price is 1.00% . |
Fidelity Flex Intern Fundamentals Correlations and Trends
By evaluating Fidelity Flex'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 Flex'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 Flex Mutual Fund history
Fidelity Flex 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 Flex Intern 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 Flex stock prices may prove useful in developing a viable investing in Fidelity Flex
The fund normally invests at least 80 percent of its assets in securities included in the MSCI ACWI ex USA Index and in depositary receipts representing securities included in the index. The MSCI ACWI ex USA Index is a market capitalization-weighted index designed to measure the investable equity market performance for global investors of developed and emerging markets, excluding the United States.
Fidelity Flex Mutual Fund Technical Analysis
Fidelity Flex 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 Flex Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Fidelity Flex International 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 Flex December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Flex 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 Flex shares will generate the highest return on investment. By undertsting and applying Fidelity Flex mutual fund market strength indicators, traders can identify Fidelity Flex International entry and exit signals to maximize returns
Fidelity Flex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Flex'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 | (0.03) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (0.1) |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Flex 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 Flex security.
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