Fidelity Limited Term Fund Market Value
| FSTFX Fund | USD 10.47 0.01 0.1% |
| Symbol | Fidelity |
Fidelity Limited '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 Limited'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 Limited.
| 02/06/2025 |
| 03/08/2025 |
If you would invest 0.00 in Fidelity Limited on February 6, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Limited Term or generate 0.0% return on investment in Fidelity Limited over 30 days. Fidelity Limited is related to or competes with Fidelity Intermediate, Fidelity Municipal, Fidelity Tax-free, Fidelity Short-term, and T Rowe. The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exemp... More
Fidelity Limited 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 Limited'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 Limited Term upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1606 | |||
| Information Ratio | 0.7106 | |||
| Maximum Drawdown | 0.6747 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1925 |
Fidelity Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Limited's standard deviation. In reality, there are many statistical measures that can use Fidelity Limited historical prices to predict the future Fidelity Limited's volatility.| Risk Adjusted Performance | 0.0325 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | 0.0137 | |||
| Sortino Ratio | 0.4891 | |||
| Treynor Ratio | (0.39) |
Fidelity Limited Term Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Limited Term secures Sharpe Ratio (or Efficiency) of 0.0586, which denotes the fund had a 0.0586 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Fidelity Limited Term, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Limited's Coefficient Of Variation of 841.13, standard deviation of 0.1105, and Mean Deviation of 0.0787 to check if the risk estimate we provide is consistent with the expected return of 0.0063%. The fund shows a Beta (market volatility) of -0.008, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Limited are expected to decrease at a much lower rate. During the bear market, Fidelity Limited is likely to outperform the market.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Fidelity Limited Term has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fidelity Limited time series from 6th of February 2025 to 21st of February 2025 and 21st of February 2025 to 8th of March 2025. 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 Limited Term price movement. The serial correlation of -0.79 indicates that around 79.0% of current Fidelity Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fidelity Limited Term lagged returns against current returns
Autocorrelation, which is Fidelity Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Limited returns to help us make a trade decision. For example, suppose you find that Fidelity Limited 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 Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Limited Lagged Returns
When evaluating Fidelity Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Limited mutual fund have on its future price. Fidelity Limited 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 Limited autocorrelation shows the relationship between Fidelity Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Limited Term.
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 Limited 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 Limited security.
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