Fidelity Value Fund Market Value
| FDVLX Fund | USD 16.45 0.04 0.24% |
| Symbol | FIDELITY |
Fidelity Value '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 Value'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 Value.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Fidelity Value on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity Value Fund or generate 0.0% return on investment in Fidelity Value over 30 days. Fidelity Value is related to or competes with Fidelity Mid-cap, Fidelity Low-priced, Fidelity International, Fidelity Capital, and Fidelity Dividend. The fund invests primarily in common stocks More
Fidelity Value 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 Value'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 Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.58 |
Fidelity Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Value's standard deviation. In reality, there are many statistical measures that can use Fidelity Value historical prices to predict the future Fidelity Value's volatility.| Risk Adjusted Performance | 0.0891 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (2.75) |
Fidelity Value Backtested Returns
At this stage we consider FIDELITY Mutual Fund to be very steady. Fidelity Value secures Sharpe Ratio (or Efficiency) of 0.0723, which denotes the fund had a 0.0723% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Value Fund, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Value's Downside Deviation of 0.8, mean deviation of 0.7044, and Coefficient Of Variation of 875.23 to check if the risk estimate we provide is consistent with the expected return of 0.0661%. The fund shows a Beta (market volatility) of -0.0357, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Value are expected to decrease at a much lower rate. During the bear market, Fidelity Value is likely to outperform the market.
Auto-correlation | -0.07 |
Very weak reverse predictability
Fidelity Value Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Fidelity Value time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. 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 Value price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fidelity Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fidelity Value lagged returns against current returns
Autocorrelation, which is Fidelity Value 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 Value's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Value returns to help us make a trade decision. For example, suppose you find that Fidelity Value 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Value 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 Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Value Lagged Returns
When evaluating Fidelity Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Value mutual fund have on its future price. Fidelity Value 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 Value autocorrelation shows the relationship between Fidelity Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Value Fund.
Regressed Prices |
| Timeline |
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 Value 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 Value security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |