Fidelity Japan Fund Price on November 24, 2023
| FJPNX Fund | USD 17.24 0.13 0.75% |
Below is the normalized historical share price chart for Fidelity Japan Fund extending back to April 02, 1993. 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 Japan stands at 17.24, as last reported on the 24th of November, with the highest price reaching 17.24 and the lowest price hitting 17.24 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 Japan secures Sharpe Ratio (or Efficiency) of -0.0579, which denotes the fund had a -0.0579% return per unit of risk over the last 3 months. Fidelity Japan Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Japan's Mean Deviation of 0.9914, standard deviation of 1.33, and Variance of 1.76 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 = -0.0579
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FJPNX |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Japan 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 Japan by adding Fidelity Japan to a well-diversified portfolio.
Fidelity Japan Valuation on November 24, 2023
It is possible to determine the worth of Fidelity Japan on a given historical date. On November 24, 2023 Fidelity was worth 15.36 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Japan mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Japan'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 Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Japan's related companies.
| Open | High | Low | Close | Volume | |
| 15.30 | 15.30 | 15.30 | 15.30 | 1.00 | |
11/24/2023 | 15.36 | 15.36 | 15.36 | 15.36 | 1.00 |
| 15.36 | 15.36 | 15.36 | 15.36 | 1.00 |
| Backtest Fidelity Japan | | | Fidelity Japan History | | | Fidelity Japan Valuation | Previous | Next |
Fidelity Japan Trading Date Momentum on November 24, 2023
| On November 27 2023 Fidelity Japan Fund was traded for 15.36 at the closing time. The highest daily price throughout the period was 15.36 and the lowest price was 15.36 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 did not affect price variability. The overall trading delta to current closing price is 0.78% . |
Fidelity Japan Fundamentals Correlations and Trends
By evaluating Fidelity Japan'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 Japan'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 Japan Mutual Fund history
Fidelity Japan 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 Japan 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 Japan stock prices may prove useful in developing a viable investing in Fidelity Japan
The fund normally invests at least 80 percent of assets in securities of Japanese issuers and other investments that are tied economically to Japan. It normally invests primarily in common stocks and uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.
Fidelity Japan Mutual Fund Technical Analysis
Fidelity Japan 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 Japan Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Fidelity Japan 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 Japan November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Japan 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 Japan shares will generate the highest return on investment. By undertsting and applying Fidelity Japan mutual fund market strength indicators, traders can identify Fidelity Japan Fund entry and exit signals to maximize returns
Fidelity Japan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Japan'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 | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.0 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Japan 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 Japan security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |