FIDELITY ZERO Potential Upside
| FZIPX Fund | | | USD 17.32 0.20 1.17% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is FIDELITY ZERO's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
FIDELITY ZERO carries a Potential Upside of 2.06, consistent with modest estimated upside from current levels. FIDELITY ZERO trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 2.06 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
FIDELITY ZERO's Potential Upside of 2.06 falls above the 1.57 peer average. Values range from 0.1546 (Aqr Diversified Arbitrage) to 2.73 (T Rowe Price), with wide dispersion across the group. FIDELITY ZERO shows greater estimated upside from current levels than the peer average.
Potential Upside Relative To Other Indicators
The chart below plots Potential Upside against Maximum Drawdown for Fidelity Zero and its peers. Each point represents one equity — position along the horizontal axis shows Potential Upside while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
FIDELITY ZERO's Maximum Drawdown of
5.76 runs about
2.79 times its Potential Upside of
2.06 . This indicates Maximum Drawdown is significantly higher than Potential Upside for FIDELITY ZERO.
Methodology, Assumptions & Data Sources
FIDELITY ZERO's Potential Upside currently stands at 2.06. The Potential Upside for FIDELITY ZERO is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. FIDELITY ZERO operates in the small blend funds sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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