Fidelity Nasdaq Posite Fund Price on November 7, 2024
| FNCMX Fund | USD 241.77 0.40 0.17% |
Below is the normalized historical share price chart for Fidelity Nasdaq Posite extending back to September 26, 2003. 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 Nasdaq stands at 241.77, as last reported on the 24th of November, with the highest price reaching 241.77 and the lowest price hitting 241.77 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 Nasdaq Posite secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity Nasdaq Posite, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Nasdaq's Downside Deviation of 1.35, mean deviation of 0.8059, and Coefficient Of Variation of 1194.02 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.1021
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| Cash | FNCMX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fidelity Nasdaq is performing at about 8% 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 Nasdaq by adding it to a well-diversified portfolio.
Fidelity Nasdaq Valuation on November 7, 2024
It is possible to determine the worth of Fidelity Nasdaq on a given historical date. On November 7, 2024 Fidelity was worth 245.4 at the beginning of the trading date compared to the closed value of 245.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Nasdaq mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Nasdaq'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 Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 241.76 | 241.76 | 241.76 | 241.76 | 1.00 | |
11/07/2024 | 245.40 | 245.40 | 245.40 | 245.40 | 1.00 |
| 245.66 | 245.66 | 245.66 | 245.66 | 1.00 |
| Backtest Fidelity Nasdaq | | | Fidelity Nasdaq History | | | Fidelity Nasdaq Valuation | Previous | Next |
Fidelity Nasdaq Trading Date Momentum on November 7, 2024
| On November 08 2024 Fidelity Nasdaq Posite was traded for 245.66 at the closing time. The highest daily price throughout the period was 245.66 and the lowest price was 245.66 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 2.44% . |
Fidelity Nasdaq Posite Fundamentals Correlations and Trends
By evaluating Fidelity Nasdaq'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 Nasdaq'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 Nasdaq Mutual Fund history
Fidelity Nasdaq 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 Nasdaq Posite 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 Nasdaq stock prices may prove useful in developing a viable investing in Fidelity Nasdaq
The fund normally invests at least 80 percent of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, priceearnings ratio, pricebook ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire index. The advisor lends securities to earn income for the fund.
Fidelity Nasdaq Mutual Fund Technical Analysis
Fidelity Nasdaq 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 Nasdaq Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Fidelity Nasdaq Posite 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 Nasdaq November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Nasdaq 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 Nasdaq shares will generate the highest return on investment. By undertsting and applying Fidelity Nasdaq mutual fund market strength indicators, traders can identify Fidelity Nasdaq Posite entry and exit signals to maximize returns
Fidelity Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Nasdaq'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 | 0.0675 | |||
| Jensen Alpha | 0.0981 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.80) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Nasdaq 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 Nasdaq security.
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