Fidelity Massachusetts Municipal Fund Market Value
| FDMMX Fund | USD 11.63 0.01 0.09% |
| Symbol | Fidelity |
Fidelity Massachusetts '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 Massachusetts' 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 Massachusetts.
| 11/20/2025 |
| 02/18/2026 |
If you would invest 0.00 in Fidelity Massachusetts on November 20, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Massachusetts Municipal or generate 0.0% return on investment in Fidelity Massachusetts over 90 days. Fidelity Massachusetts is related to or competes with Fidelity California, Nuveen California, Fidelity Government, Fidelity New, Eaton Vance, Eaton Vance, and Independent Franchise. The fund invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from fe... More
Fidelity Massachusetts 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 Massachusetts' 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 Massachusetts Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1434 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 0.6096 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1741 |
Fidelity Massachusetts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Massachusetts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Massachusetts' standard deviation. In reality, there are many statistical measures that can use Fidelity Massachusetts historical prices to predict the future Fidelity Massachusetts' volatility.| Risk Adjusted Performance | 0.1587 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | (0.18) |
Fidelity Massachusetts February 18, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1587 | |||
| Mean Deviation | 0.0668 | |||
| Downside Deviation | 0.1434 | |||
| Coefficient Of Variation | 341.18 | |||
| Standard Deviation | 0.0944 | |||
| Variance | 0.0089 | |||
| Information Ratio | (0.27) | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | (0.18) | |||
| Maximum Drawdown | 0.6096 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1741 | |||
| Downside Variance | 0.0206 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (0.13) | |||
| Skewness | 0.6103 | |||
| Kurtosis | 2.88 |
Fidelity Massachusetts Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Massachusetts secures Sharpe Ratio (or Efficiency) of 0.35, which denotes the fund had a 0.35 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Fidelity Massachusetts Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Massachusetts' Standard Deviation of 0.0944, variance of 0.0089, and Downside Deviation of 0.1434 to check if the risk estimate we provide is consistent with the expected return of 0.0339%. The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fidelity Massachusetts are completely uncorrelated.
Auto-correlation | 0.89 |
Very good predictability
Fidelity Massachusetts Municipal has very good predictability. Overlapping area represents the amount of predictability between Fidelity Massachusetts time series from 20th of November 2025 to 4th of January 2026 and 4th of January 2026 to 18th of February 2026. 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 Massachusetts price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Fidelity Massachusetts price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Mutual Fund
Fidelity Massachusetts 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 Massachusetts security.
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