Fidelity Minnesota Municipal Fund Market Value
| FIMIX Fund | USD 11.28 0.01 0.09% |
| Symbol | Fidelity |
Fidelity Minnesota '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 Minnesota'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 Minnesota.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in Fidelity Minnesota on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Minnesota Municipal or generate 0.0% return on investment in Fidelity Minnesota over 90 days. Fidelity Minnesota is related to or competes with Fidelity Ohio, Fidelity New, Fidelity Michigan, Western Asset, Nuveen New, Eaton Vance, and Fidelity Intermediate. The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is e... More
Fidelity Minnesota 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 Minnesota'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 Minnesota Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1323 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 0.6238 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1794 |
Fidelity Minnesota Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Minnesota's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Minnesota's standard deviation. In reality, there are many statistical measures that can use Fidelity Minnesota historical prices to predict the future Fidelity Minnesota's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | 0.0055 | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.3061 |
Fidelity Minnesota February 1, 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 | 0.0866 | |||
| Market Risk Adjusted Performance | 0.3161 | |||
| Mean Deviation | 0.0677 | |||
| Downside Deviation | 0.1323 | |||
| Coefficient Of Variation | 476.64 | |||
| Standard Deviation | 0.0962 | |||
| Variance | 0.0093 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | 0.0055 | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.3061 | |||
| Maximum Drawdown | 0.6238 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1794 | |||
| Downside Variance | 0.0175 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.13) | |||
| Skewness | 0.5141 | |||
| Kurtosis | 2.87 |
Fidelity Minnesota Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Minnesota secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the fund had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Minnesota Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Minnesota's Mean Deviation of 0.0677, standard deviation of 0.0962, and Coefficient Of Variation of 476.64 to check if the risk estimate we provide is consistent with the expected return of 0.0202%. The fund shows a Beta (market volatility) of 0.0333, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Minnesota's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Minnesota is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Fidelity Minnesota Municipal has poor predictability. Overlapping area represents the amount of predictability between Fidelity Minnesota time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st 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 Minnesota price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Fidelity Minnesota price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.33 | |
| 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 Minnesota 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 Minnesota security.
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