Fidelity Equity Income Fund Market Value
| FEQIX Fund | USD 84.28 0.67 0.80% |
| Symbol | Fidelity |
Fidelity Equity '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 Equity'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 Equity.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in Fidelity Equity on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Equity Income Fund or generate 0.0% return on investment in Fidelity Equity over 30 days. Fidelity Equity is related to or competes with T Rowe, Clearbridge Dividend, Vanguard Tax, Tiaa Cref, Vanguard Strategic, T Rowe, and Blackrock Alternative. The fund normally invests at least 80 percent of assets in equity securities More
Fidelity Equity 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 Equity'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 Equity Income Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.596 | |||
| Information Ratio | 0.0684 | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.12 |
Fidelity Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Equity's standard deviation. In reality, there are many statistical measures that can use Fidelity Equity historical prices to predict the future Fidelity Equity's volatility.| Risk Adjusted Performance | 0.1125 | |||
| Jensen Alpha | 0.1013 | |||
| Total Risk Alpha | 0.0483 | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 1.18 |
Fidelity Equity Income Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Equity Income secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Equity Income Fund, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Equity's Coefficient Of Variation of 632.35, downside deviation of 0.596, and Mean Deviation of 0.5324 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.0897, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Equity is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
Fidelity Equity Income Fund has virtually no predictability. Overlapping area represents the amount of predictability between Fidelity Equity time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 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 Equity Income price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Fidelity Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
Fidelity Equity Income lagged returns against current returns
Autocorrelation, which is Fidelity Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Equity returns to help us make a trade decision. For example, suppose you find that Fidelity Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Equity Lagged Returns
When evaluating Fidelity Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Equity mutual fund have on its future price. Fidelity Equity 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 Equity autocorrelation shows the relationship between Fidelity Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Equity Income Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
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| MRK | Merck Company | |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Equity 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 Equity security.
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