Fidelity Government Money Fund Price on September 18, 2024
| SPAXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for Fidelity Government Money extending back to December 15, 1999. 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® Government stands at 1.00, as last reported on the 27th of February, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in Fidelity® Money Market Fund, it is important to understand the factors that can impact its price. At this stage we consider Fidelity® Money Market Fund to be not too volatile. Fidelity Government Money secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Fidelity Government Money, which you can use to evaluate the volatility of the entity. Please confirm Fidelity® Government's Variance of 0.0155, mean deviation of 0.0301, and Standard Deviation of 0.1243 to check if the risk estimate we provide is consistent with the expected return of 0.0171%.
Fidelity® Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity® |
Sharpe Ratio = 0.1302
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPAXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Fidelity® Government is performing at about 10% 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® Government by adding it to a well-diversified portfolio.
Fidelity® Government Valuation on September 18, 2024
It is possible to determine the worth of Fidelity® Government on a given historical date. On September 18, 2024 Fidelity® was worth 0.99 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity® Government money market fund. Still, in general, we apply an absolute valuation method to find Fidelity® Government'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® Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity® Government's related companies.
| Open | High | Low | Close | Volume | |
| 0.99 | 0.99 | 0.99 | 0.99 | 1.00 | |
09/18/2024 | 0.99 | 0.99 | 0.99 | 0.99 | 1.00 |
| 0.99 | 0.99 | 0.99 | 0.99 | 1.00 |
| Backtest Fidelity® Government | | | Fidelity® Government History | | | Fidelity® Government Valuation | Previous | Next |
Fidelity® Government Trading Date Momentum on September 18, 2024
| On September 19 2024 Fidelity Government Money was traded for 0.99 at the closing time. The highest daily price throughout the period was 0.99 and the lowest price was 0.99 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Fidelity® Government Money Market Fund history
Fidelity® Government 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 Government Money 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® Government stock prices may prove useful in developing a viable investing in Fidelity® Government
Fidelity® Government Money Market Fund Technical Analysis
Fidelity® Government technical money market 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® Government Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
Fidelity Government Money 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® Government February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Fidelity® Government money market 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® Government shares will generate the highest return on investment. By undertsting and applying Fidelity® Government money market fund market strength indicators, traders can identify Fidelity Government Money entry and exit signals to maximize returns
Fidelity® Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity® Government's price direction in advance. Along with the technical and fundamental analysis of Fidelity® Money Market 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 | 0.0414 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | 0.0064 | |||
| Treynor Ratio | 0.2693 |
| 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® Money Market Fund
Fidelity® Government financial ratios help investors to determine whether Fidelity® Money Market 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® Government security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |