Fidelity Summer Street Fund Manager Performance Evaluation
| FAPHX Fund | 13.86 0.08 0.58% |
The fund shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Summer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Summer is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Summer Street are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, Fidelity Summer is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.0500 |
Fidelity |
Fidelity Summer Relative Risk vs. Return Landscape
If you would invest 1,316 in Fidelity Summer Street on September 3, 2024 and sell it today you would earn a total of 70.00 from holding Fidelity Summer Street or generate 5.32% return on investment over 90 days. Fidelity Summer Street is currently producing 0.0833% returns and takes up 0.6775% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Fidelity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Summer Current Valuation
Fairly Valued
Today
Please note that Fidelity Summer's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity Summer Street shows a prevailing Real Value of USD13.75 per share. The current price of the fund is USD13.86. We determine the value of Fidelity Summer Street from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Summer is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Summer's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.86 | Real 13.75 | Hype 13.86 | Naive 13.91 |
The intrinsic value of Fidelity Summer's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Summer's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Summer Street helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Summer more accurately as focusing exclusively on Fidelity Summer's fundamentals will not take into account other important factors: Fidelity Summer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Summer's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Summer Street, and traders can use it to determine the average amount a Fidelity Summer's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1229
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| Cash | FAPHX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Summer is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Summer by adding it to a well-diversified portfolio.
Fidelity Summer Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Summer, and Fidelity Summer fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Mutual Fund performance.
About Fidelity Summer Performance
Evaluating Fidelity Summer's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Summer has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Summer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in equity securities of companies that FMR believes are working to extend andor improve life expectancy, enhance health and wellness in peoples lives, andor mitigate environmental impacts affecting health and wellness, in each case through the products, services, or technology they provide.Things to note about Fidelity Summer Street performance evaluation
Checking the ongoing alerts about Fidelity Summer for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Summer Street help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing Fidelity Summer's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Summer's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Summer's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity Summer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Summer's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Summer's mutual fund. These opinions can provide insight into Fidelity Summer's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity Summer 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 Summer security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |