Fidelity Short Duration Fund Manager Performance Evaluation
| FSAHX Fund | USD 9.07 0.02 0.22% |
The fund shows a Beta (market volatility) of 0.0083, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Short is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Short Duration are ranked lower than 21 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, Fidelity Short is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of June 2023 | |
| Expense Ratio | 0.7100 |
Fidelity |
Fidelity Short Relative Risk vs. Return Landscape
If you would invest 887.00 in Fidelity Short Duration on August 30, 2024 and sell it today you would earn a total of 20.00 from holding Fidelity Short Duration or generate 2.25% return on investment over 90 days. Fidelity Short Duration is currently producing 0.0355% returns and takes up 0.1325% volatility of returns over 90 trading days. Put another way, 1% 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 Short Current Valuation
Overvalued
Today
Please note that Fidelity Short's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Short Duration shows a prevailing Real Value of $8.33 per share. The current price of the fund is $9.07. We determine the value of Fidelity Short Duration 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 Short is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Short'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 9.07 | Real 8.33 | Hype 9.07 | Naive 9.05 |
The intrinsic value of Fidelity Short'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 Short'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 Short Duration 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 Short more accurately as focusing exclusively on Fidelity Short's fundamentals will not take into account other important factors: Fidelity Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Short's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Short Duration, and traders can use it to determine the average amount a Fidelity Short'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 = 0.2679
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FSAHX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Fidelity Short is performing at about 21% 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 Short by adding it to a well-diversified portfolio.
Fidelity Short Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Short, and Fidelity Short 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.
| Total Asset | 458.6 M | |||
About Fidelity Short Performance
Evaluating Fidelity Short's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Short 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 Short 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 primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It normally invests primarily in securities rated BB or B by Standard Poors , Ba or B by Moodys Investors Service , comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by Fidelity Management Research Company to be of comparable quality. The fund normally maintains a duration of three years or less.Things to note about Fidelity Short Duration performance evaluation
Checking the ongoing alerts about Fidelity Short for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Short Duration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 7.34% of its assets under management (AUM) in cash |
- Analyzing Fidelity Short'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 Short's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Short'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 Short's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Short's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Short's mutual fund. These opinions can provide insight into Fidelity Short's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity Short 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 security.
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