Fidelity Sai Municipal Fund Market Value
| FSMNX Fund | USD 10.01 0.02 0.20% |
| Symbol | Fidelity |
Fidelity Sai '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 Sai'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 Sai.
| 11/09/2025 |
| 02/07/2026 |
If you would invest 0.00 in Fidelity Sai on November 9, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Sai Municipal or generate 0.0% return on investment in Fidelity Sai over 90 days. Fidelity Sai is related to or competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, Fidelity Freedom, Fidelity Freedom, and Fidelity Salem. The fund invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from fe... More
Fidelity Sai 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 Sai'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 Sai Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1978 | |||
| Information Ratio | (0.65) | |||
| Maximum Drawdown | 0.7055 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.201 |
Fidelity Sai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Sai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Sai's standard deviation. In reality, there are many statistical measures that can use Fidelity Sai historical prices to predict the future Fidelity Sai's volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.0008) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 2.24 |
Fidelity Sai February 7, 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 | 0.0836 | |||
| Market Risk Adjusted Performance | 2.25 | |||
| Mean Deviation | 0.0686 | |||
| Downside Deviation | 0.1978 | |||
| Coefficient Of Variation | 543.33 | |||
| Standard Deviation | 0.1079 | |||
| Variance | 0.0116 | |||
| Information Ratio | (0.65) | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.0008) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 2.24 | |||
| Maximum Drawdown | 0.7055 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.201 | |||
| Downside Variance | 0.0391 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.15) | |||
| Skewness | 0.2273 | |||
| Kurtosis | 3.96 |
Fidelity Sai Municipal Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Sai Municipal secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Fidelity Sai Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Sai's Coefficient Of Variation of 543.33, mean deviation of 0.0686, and Standard Deviation of 0.1079 to check if the risk estimate we provide is consistent with the expected return of 0.0215%. The fund shows a Beta (market volatility) of 0.0044, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Sai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Sai is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
Fidelity Sai Municipal has very weak reverse predictability. Overlapping area represents the amount of predictability between Fidelity Sai time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th 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 Sai Municipal price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Fidelity Sai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.03 | |
| 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 Sai 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 Sai security.
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