Fidelity Short Term Treasury Fund Price on September 4, 2024
| FUMBX Fund | USD 10.23 0.01 0.1% |
Below is the normalized historical share price chart for Fidelity Short Term Treasury extending back to October 10, 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 Short-term stands at 10.23, as last reported on the 22nd of November, with the highest price reaching 10.23 and the lowest price hitting 10.23 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 Short Term secures Sharpe Ratio (or Efficiency) of -0.0449, which denotes the fund had a -0.0449% return per unit of risk over the last 3 months. Fidelity Short Term Treasury exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Short-term's Mean Deviation of 0.1082, standard deviation of 0.1398, and Variance of 0.0195 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 = -0.0449
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Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Short-term 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 Short-term by adding Fidelity Short-term to a well-diversified portfolio.
Fidelity Short-term Valuation on September 4, 2024
It is possible to determine the worth of Fidelity Short-term on a given historical date. On September 4, 2024 Fidelity was worth 10.32 at the beginning of the trading date compared to the closed value of 10.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Short-term mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Short-term'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 Short-term where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Short-term's related companies.
| Open | High | Low | Close | Volume | |
| 10.30 | 10.30 | 10.30 | 10.30 | 1.00 | |
09/04/2024 | 10.32 | 10.32 | 10.32 | 10.32 | 1.00 |
| 10.33 | 10.33 | 10.33 | 10.33 | 1.00 |
| Backtest Fidelity Short-term | | | Fidelity Short-term History | | | Fidelity Short-term Valuation | Previous | Next |
Fidelity Short-term Trading Date Momentum on September 4, 2024
| On September 05 2024 Fidelity Short Term Treasury was traded for 10.33 at the closing time. The highest daily price throughout the period was 10.33 and the lowest price was 10.33 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 0.58% . |
Fidelity Short Term Fundamentals Correlations and Trends
By evaluating Fidelity Short-term'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 Short-term'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 Short-term Mutual Fund history
Fidelity Short-term 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 Short Term 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 Short-term stock prices may prove useful in developing a viable investing in Fidelity Short-term
The fund normally invests at least 80 percent of assets in securities included in the Bloomberg U.S. 1-5 Year Treasury Bond Index. It normally maintains a dollar-weighted average maturity that generally is expected to be three years or less, consistent with that of the index. The advisor uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg U.S. 1-5 Year Treasury Bond Index using a smaller number of securities.
Fidelity Short-term Mutual Fund Technical Analysis
Fidelity Short-term 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 Short-term Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Fidelity Short Term Treasury 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 Short-term November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Short-term 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 Short-term shares will generate the highest return on investment. By undertsting and applying Fidelity Short-term mutual fund market strength indicators, traders can identify Fidelity Short Term Treasury entry and exit signals to maximize returns
Fidelity Short-term Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Short-term'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 | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (1.99) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Short-term 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 Short-term security.
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| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
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