Fidelity Pennsylvania Municipal Fund Market Value
| FPXTX Fund | USD 10.71 0.01 0.09% |
| Symbol | Fidelity |
Fidelity Pennsylvania '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 Pennsylvania'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 Pennsylvania.
| 12/02/2025 |
| 03/02/2026 |
If you would invest 0.00 in Fidelity Pennsylvania on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Pennsylvania Municipal or generate 0.0% return on investment in Fidelity Pennsylvania over 90 days. Fidelity Pennsylvania is related to or competes with Fidelity Michigan, Fidelity Ohio, Fidelity Necticut, Nuveen Pennsylvania, Allspring Income, Blackrock Muniassets, and Munivest Fund. The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is e... More
Fidelity Pennsylvania 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 Pennsylvania'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 Pennsylvania Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1561 | |||
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 0.6639 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.1894 |
Fidelity Pennsylvania Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Pennsylvania's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Pennsylvania's standard deviation. In reality, there are many statistical measures that can use Fidelity Pennsylvania historical prices to predict the future Fidelity Pennsylvania's volatility.| Risk Adjusted Performance | 0.1826 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | 0.0123 | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (1.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Pennsylvania's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fidelity Pennsylvania March 2, 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 | 0.1826 | |||
| Market Risk Adjusted Performance | (1.67) | |||
| Mean Deviation | 0.0736 | |||
| Downside Deviation | 0.1561 | |||
| Coefficient Of Variation | 308.95 | |||
| Standard Deviation | 0.1018 | |||
| Variance | 0.0104 | |||
| Information Ratio | (0.56) | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | 0.0123 | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (1.68) | |||
| Maximum Drawdown | 0.6639 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.1894 | |||
| Downside Variance | 0.0244 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (0.13) | |||
| Skewness | 0.4956 | |||
| Kurtosis | 2.95 |
Fidelity Pennsylvania Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Pennsylvania secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the fund had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Pennsylvania Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Pennsylvania's Coefficient Of Variation of 308.95, mean deviation of 0.0736, and Standard Deviation of 0.1018 to check if the risk estimate we provide is consistent with the expected return of 0.0325%. The fund shows a Beta (market volatility) of -0.0137, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Pennsylvania are expected to decrease at a much lower rate. During the bear market, Fidelity Pennsylvania is likely to outperform the market.
Auto-correlation | 0.84 |
Very good predictability
Fidelity Pennsylvania Municipal has very good predictability. Overlapping area represents the amount of predictability between Fidelity Pennsylvania time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 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 Pennsylvania price movement. The serial correlation of 0.84 indicates that around 84.0% of current Fidelity Pennsylvania price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.95 | |
| 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 Pennsylvania 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 Pennsylvania security.
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