Fidelity Disciplined Equity Fund Market Value
| FDEKX Fund | USD 68.16 0.23 0.34% |
| Symbol | Fidelity |
Fidelity Disciplined 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Disciplined's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Disciplined.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Fidelity Disciplined on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Disciplined Equity or generate 0.0% return on investment in Fidelity Disciplined over 30 days. Fidelity Disciplined is related to or competes with T Rowe, Maryland Tax-free, Leader Short-term, Versatile Bond, Georgia Tax-free, and Transamerica Intermediate. The fund invests at least 80 percent of assets in equity securities More
Fidelity Disciplined Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Disciplined's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Disciplined Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.33 |
Fidelity Disciplined Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Disciplined's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Disciplined's standard deviation. In reality, there are many statistical measures that can use Fidelity Disciplined historical prices to predict the future Fidelity Disciplined's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.24) |
Fidelity Disciplined Backtested Returns
Fidelity Disciplined secures Sharpe Ratio (or Efficiency) of -0.074, which denotes the fund had a -0.074% return per unit of risk over the last 3 months. Fidelity Disciplined Equity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Disciplined's Variance of 2.03, standard deviation of 1.42, and Mean Deviation of 0.8621 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Disciplined's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Disciplined is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Fidelity Disciplined Equity has poor predictability. Overlapping area represents the amount of predictability between Fidelity Disciplined time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Disciplined price movement. The serial correlation of 0.25 indicates that over 25.0% of current Fidelity Disciplined price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Fidelity Disciplined lagged returns against current returns
Autocorrelation, which is Fidelity Disciplined mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Disciplined's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Disciplined returns to help us make a trade decision. For example, suppose you find that Fidelity Disciplined has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fidelity Disciplined regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Disciplined mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Disciplined mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Disciplined mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Disciplined Lagged Returns
When evaluating Fidelity Disciplined's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Disciplined mutual fund have on its future price. Fidelity Disciplined autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Disciplined autocorrelation shows the relationship between Fidelity Disciplined mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Disciplined Equity.
Regressed Prices |
| Timeline |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Disciplined 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 Disciplined security.
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