Fidelity Municipal Bond Etf Performance
| FMUB Etf | 51.21 0.07 0.14% |
The etf shows a Beta (market volatility) of 0.0201, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Municipal is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Municipal Bond are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Fidelity Municipal is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Fidelity Municipal Relative Risk vs. Return Landscape
If you would invest 5,062 in Fidelity Municipal Bond on October 15, 2025 and sell it today you would earn a total of 59.00 from holding Fidelity Municipal Bond or generate 1.17% return on investment over 90 days. Fidelity Municipal Bond is currently generating 0.0191% in daily expected returns and assumes 0.1152% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Fidelity, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Fidelity Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Municipal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Municipal Bond, and traders can use it to determine the average amount a Fidelity Municipal'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 = 0.1655
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Based on monthly moving average Fidelity Municipal is performing at about 13% 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 Municipal by adding it to a well-diversified portfolio.
About Fidelity Municipal Performance
By analyzing Fidelity Municipal's fundamental ratios, stakeholders can gain valuable insights into Fidelity Municipal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fidelity Municipal 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 Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.