Fidelity Small Cap Fund Manager Performance Evaluation
| FID661 Fund | 4.06 0.02 0.50% |
The fund shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Small is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Small Cap are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong fundamental indicators, Fidelity Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreFidelity |
Fidelity Small Relative Risk vs. Return Landscape
If you would invest 392.00 in Fidelity Small Cap on September 1, 2024 and sell it today you would earn a total of 14.00 from holding Fidelity Small Cap or generate 3.57% return on investment over 90 days. Fidelity Small Cap is generating 0.0563% of daily returns and assumes 0.3441% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than Fidelity, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fidelity Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Small's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Fidelity Small Cap, and traders can use it to determine the average amount a Fidelity Small'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 = 0.1636
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | FID661 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Fidelity Small is performing at about 12% 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 Small by adding it to a well-diversified portfolio.
Things to note about Fidelity Small Cap performance evaluation
Checking the ongoing alerts about Fidelity Small for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Fidelity Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Fidelity Small's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fidelity Small's fund performance include:- Analyzing Fidelity Small'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 Small's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Small'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 Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Small's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Small's fund. These opinions can provide insight into Fidelity Small's potential for growth and whether the stock is currently undervalued or overvalued.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |