Fidelity Clearpath 2045 Fund Manager Performance Evaluation
| 0P00007694 | 27.91 0.02 0.07% |
The fund shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity ClearPath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity ClearPath is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity ClearPath 2045 are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, Fidelity ClearPath is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
...moreFidelity |
Fidelity ClearPath Relative Risk vs. Return Landscape
If you would invest 2,635 in Fidelity ClearPath 2045 on September 1, 2024 and sell it today you would earn a total of 156.00 from holding Fidelity ClearPath 2045 or generate 5.92% return on investment over 90 days. Fidelity ClearPath 2045 is generating 0.0918% of daily returns and assumes 0.6145% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than Fidelity, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fidelity ClearPath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity ClearPath's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Fidelity ClearPath 2045, and traders can use it to determine the average amount a Fidelity ClearPath's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1493
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 0P00007694 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Fidelity ClearPath is performing at about 11% 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 ClearPath by adding it to a well-diversified portfolio.
About Fidelity ClearPath Performance
By analyzing Fidelity ClearPath's fundamental ratios, stakeholders can gain valuable insights into Fidelity ClearPath's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fidelity ClearPath has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity ClearPath has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Fidelity ClearPath is entity of Canada. It is traded as Fund on TO exchange.Things to note about Fidelity ClearPath 2045 performance evaluation
Checking the ongoing alerts about Fidelity ClearPath for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Fidelity ClearPath 2045 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Fidelity ClearPath's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity ClearPath's fund performance include:- Analyzing Fidelity ClearPath's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity ClearPath's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity ClearPath's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity ClearPath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity ClearPath's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity ClearPath's fund. These opinions can provide insight into Fidelity ClearPath's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Fund
Fidelity ClearPath financial ratios help investors to determine whether Fidelity 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 ClearPath security.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |