Fidelity Sai Competition

FGKPX Fund

USD 11.08 0.02 0.18%

Fidelity Sai Emerging competes with Gmo Resources, Invesco Energy, Fidelity Advisor, Jennison Natural, and Oil Gas; as well as few others. The fund is listed under Diversified Emerging Mkts category and is part of Fidelity Investments family. Analyzing Fidelity Sai competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Fidelity Sai to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fidelity Sai Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Fidelity Sai competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.28	11.08	11.88

Details

Intrinsic

Valuation

Low	Real	High
10.41	11.21	12.01

Details

Fidelity Sai Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fidelity Sai and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Fidelity and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Fidelity Sai Emerging does not affect the price movement of the other competitor.

	GMOWX	IEFCX	FIKAX	PNRCX	ALEFX	ENPSX	HNRGX
GMOWX		0.54	0.56	0.81	-0.11	0.42	0.06	GMOWX
IEFCX	0.54		0.9	0.84	0.68	0.92	0.69	IEFCX
FIKAX	0.56	0.9		0.76	0.64	0.97	0.81	FIKAX
PNRCX	0.81	0.84	0.76		0.35	0.71	0.36	PNRCX
ALEFX	-0.11	0.68	0.64	0.35		0.78	0.82	ALEFX
ENPSX	0.42	0.92	0.97	0.71	0.78		0.83	ENPSX
HNRGX	0.06	0.69	0.81	0.36	0.82	0.83		HNRGX
	GMOWX	IEFCX	FIKAX	PNRCX	ALEFX	ENPSX	HNRGX

Click cells to compare fundamentals

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High positive correlations

ENPSX	+ 0.97	FIKAX
ENPSX	+ 0.92	IEFCX
FIKAX	+ 0.9	IEFCX
PNRCX	+ 0.84	IEFCX
HNRGX	+ 0.83	ENPSX
HNRGX	+ 0.82	ALEFX

High negative correlations

ALEFX

- 0.11

GMOWX

Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Sai Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fidelity Sai's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GMOWX	1.08	(0.20)	0.00	(0.45)	0.00	0.00	1.80	(2.79)	6.75
IEFCX	0.93	(0.13)	0.00	(0.65)	0.00	0.00	1.46	(2.25)	8.82
FIKAX	0.93	(0.11)	0.00	(0.34)	0.00	0.00	2.07	(2.13)	6.05
PNRCX	0.86	(0.14)	0.00	(0.65)	0.00	0.00	1.53	(1.85)	5.65
ALEFX	0.90	0.02	(0.01)	0.09	1.67	(0.87)	1.75	(2.29)	9.49
ENPSX	1.35	(0.13)	0.00	(0.29)	0.00	0.00	2.58	(3.55)	9.91
HNRGX	0.93	(0.01)	(0.03)	0.00	1.28	(0.92)	1.80	(2.32)	7.41

Unable to evaluate fundamental data of [GMOWX, IEFCX, FIKAX, PNRCX, ALEFX, ENPSX, HNRGX] at this time. Please try again later

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Fidelity Sai Competitive Analysis

The better you understand Fidelity Sai competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fidelity Sai's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Fidelity Sai's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FGKPX	GMOWX	IEFCX	FIKAX	PNRCX	ALEFX	ENPSX	HNRGX
	0.18 11.08 Fidelity	0.50 18.19 Gmo	0.09 23.06 Invesco	0.84 45.84 Fidelity	0.13 39.20 Jennison	1.05 14.17 Alpsalerian	1.14 33.75 Oil	0.95 26.47 Hennessy
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Insignificant	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	About Average	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Sell	Cautious Hold	Cautious Hold
Net Asset	3.17 B	2.1 B	492.41 M	275.71 M	760.82 M	N/A	25.64 M	18.57 M
Price To Book	N/A	N/A	1.31 X	N/A	1.67 X	N/A	1.55 X	N/A
Five Year Return	4.39 %	N/A	10.23 %	12.05 %	11.03 %	N/A	7.32 %	14.29 %
One Year Return	9.19 %	N/A	2.01 %	0.70 %	(0.86) %	N/A	(3.64) %	9.46 %
Last Dividend Paid	0.19	N/A	N/A	0.67	0.38	0.14	0.14	N/A
Price To Earning	N/A	N/A	6.26 X	N/A	26.72 X	N/A	32.66 X	N/A
Price To Sales	N/A	N/A	1.48 X	N/A	1.56 X	N/A	1.32 X	N/A
Cash Position Weight	1.16 %	N/A	2.35 %	0.37 %	2.85 %	N/A	18.18 %	1.10 %
Equity Positions Weight	98.84 %	N/A	97.65 %	99.63 %	96.71 %	N/A	77.51 %	98.90 %
Three Year Return	2.86 %	N/A	16.29 %	20.56 %	7.82 %	N/A	22.00 %	20.45 %
Annual Yield	0.03 %	0.04 %	0.02 %	0.02 %	0.02 %	N/A	N/A	N/A
Year To Date Return	5.30 %	N/A	3.02 %	0.88 %	3.32 %	N/A	6.61 %	9.23 %
Ten Year Return	N/A	N/A	(7.84) %	(2.95) %	(5.85) %	N/A	(7.33) %	N/A
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T
Day Typical Price	11.08	18.19	23.06	45.84	39.2	14.17	33.75	26.47
Period Momentum Indicator	(0.02)	0.09	(0.02)	0.38	(0.05)	(0.15)	0.38	0.25
Rate Of Daily Change	1.0	1.0	1.0	1.01	1.0	0.99	1.01	1.01
Day Median Price	11.08	18.19	23.06	45.84	39.2	14.17	33.75	26.47
Price Action Indicator	(0.01)	0.045	(0.01)	0.19	(0.03)	(0.07)	0.19	0.13
Coefficient Of Variation	(547.91)	(788.07)	(1,187)	(1,461)	(895.46)	3356.06	(1,736)	14021.35
Mean Deviation	0.4918	1.08	0.9285	0.9254	0.8638	0.9032	1.35	0.9349
Jensen Alpha	(0.16)	(0.20)	(0.13)	(0.11)	(0.14)	0.0153	(0.13)	(0.01)
Total Risk Alpha	(0.20)	(0.26)	(0.19)	(0.16)	(0.19)	(0.04)	(0.22)	(0.07)
Sortino Ratio	N/A	N/A	N/A	N/A	N/A	(0.01)	N/A	(0.03)
Downside Variance	N/A	N/A	N/A	N/A	N/A	3.28	N/A	1.83
Standard Deviation	0.795	1.37	1.33	1.25	1.11	1.37	1.86	1.27
Kurtosis	21.13	0.062	6.73	0.8438	0.2627	9.34	1.15	1.85
Potential Upside	0.7792	1.8	1.46	2.07	1.53	1.75	2.58	1.8
Treynor Ratio	(0.90)	(0.45)	(0.65)	(0.34)	(0.65)	0.0864	(0.29)	(0)
Maximum Drawdown	6.16	6.75	8.82	6.05	5.65	9.49	9.91	7.41
Variance	0.632	1.88	1.76	1.57	1.23	1.87	3.45	1.61
Market Risk Adjusted Performance	(0.89)	(0.44)	(0.64)	(0.33)	(0.64)	0.0964	(0.28)	0.0066
Risk Adjusted Performance	(0.14)	(0.1)	(0.06)	(0.05)	(0.09)	0.0278	(0.04)	0.0094
Skewness	(3.51)	(0.54)	(1.83)	(0.16)	(0.36)	(2.16)	(0.07)	0.2598
Semi Deviation	N/A	N/A	N/A	N/A	N/A	1.67	N/A	1.28
Information Ratio	(0.25)	(0.17)	(0.12)	(0.11)	(0.16)	(0.01)	(0.09)	(0.03)
Value At Risk	(0.98)	(2.79)	(2.25)	(2.13)	(1.85)	(2.29)	(3.55)	(2.32)
Expected Short fall	N/A	N/A	N/A	N/A	N/A	(0.87)	N/A	(0.92)
Downside Deviation	N/A	N/A	N/A	N/A	N/A	1.81	N/A	1.35
Semi Variance	N/A	N/A	N/A	N/A	N/A	2.78	N/A	1.64

Fidelity Sai Competition Performance Charts

Five steps to successful analysis of Fidelity Sai Competition

Fidelity Sai's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Fidelity Sai Emerging in relation to its competition. Fidelity Sai's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fidelity Sai in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Fidelity Sai's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fidelity Sai Emerging, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Fidelity Sai position

In addition to having Fidelity Sai in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Insurance Providers

Companies providing all types of insurance and insurance services. The Insurance Providers theme has 38 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.

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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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