Fidelity Growth Income Fund Manager Performance Evaluation
| FGRIX Fund | USD 65.70 0.36 0.55% |
The fund shows a Beta (market volatility) of 0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Growth is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Growth Income are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Fidelity Growth is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | 3 Top-Ranked Large-Cap Blend Mutual Funds to Boost Your Portfolio - MSN | 09/30/2024 |
2 | 3 Large-Cap Blend Mutual Funds for Strong Returns - MSN | 11/20/2024 |
| Expense Ratio Date | 29th of September 2022 | |
| Expense Ratio | 0.5400 |
FIDELITY |
Fidelity Growth Relative Risk vs. Return Landscape
If you would invest 6,341 in Fidelity Growth Income on August 26, 2024 and sell it today you would earn a total of 229.00 from holding Fidelity Growth Income or generate 3.61% return on investment over 90 days. Fidelity Growth Income is currently producing 0.0576% returns and takes up 0.7842% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than FIDELITY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Growth Current Valuation
Overvalued
Today
Please note that Fidelity Growth's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Growth Income shows a prevailing Real Value of $59.38 per share. The current price of the fund is $65.7. We determine the value of Fidelity Growth Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FIDELITY Mutual Fund. However, Fidelity Growth's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 65.7 | Real 59.38 | Hype 65.35 | Naive 65.49 |
The intrinsic value of Fidelity Growth's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Growth's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Growth Income helps investors to forecast how FIDELITY mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Growth more accurately as focusing exclusively on Fidelity Growth's fundamentals will not take into account other important factors: Fidelity Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Growth Income, and traders can use it to determine the average amount a Fidelity Growth'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 = 0.0735
| Best Portfolio | Best Equity | |||
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| Cash | FGRIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fidelity Growth is performing at about 5% 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 Growth by adding it to a well-diversified portfolio.
Fidelity Growth Fundamentals Growth
FIDELITY Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Growth, and Fidelity Growth fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on FIDELITY Mutual Fund performance.
| Price To Earning | 18.21 X | ||||
| Price To Book | 2.11 X | ||||
| Price To Sales | 1.99 X | ||||
| Total Asset | 8.01 B | ||||
About Fidelity Growth Performance
Evaluating Fidelity Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Growth 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 Growth has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. It potentially invests in bonds, including lower-quality debt securities , as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation. The fund invests in domestic and foreign issuers.Things to note about Fidelity Growth Income performance evaluation
Checking the ongoing alerts about Fidelity Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Growth Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: 3 Large-Cap Blend Mutual Funds for Strong Returns - MSN | |
| The fund retains 99.12% of its assets under management (AUM) in equities |
- Analyzing Fidelity Growth'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 Growth's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Growth'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 Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Growth's mutual fund. These opinions can provide insight into Fidelity Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in FIDELITY Mutual Fund
Fidelity Growth 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 Growth security.
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