Fidelity Short Competition

FSHBX Fund

USD 8.45 0.01 0.12%

Fidelity Short Term competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, and Fidelity Freedom; as well as few others. The fund is listed under Short-Term Bond category and is part of Fidelity Investments family. Analyzing Fidelity Short 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 Short to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fidelity Short 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 Short competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
8.33	8.45	8.57

Details

Intrinsic

Valuation

Low	Real	High
8.16	8.28	9.30

Details

Naive

Forecast

Low	Next	High
8.34	8.46	8.58

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
8.45	8.46	8.47

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Short. Your research has to be compared to or analyzed against Fidelity Short's peers to derive any actionable benefits. When done correctly, Fidelity Short's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fidelity Short Term.

Fidelity Short Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fidelity Short 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 Short Term does not affect the price movement of the other competitor.

	FPTKX	FPURX	FPUKX	FPXTX	FQIFX	FQIPX	FQITX	FQLSX	FRAGX	FRAMX
FPTKX		0.18	0.18	0.7	0.94	0.55	0.67	0.53	0.39	0.94	FPTKX
FPURX	0.18		1.0	0.26	0.5	0.88	-0.55	0.87	0.96	-0.12	FPURX
FPUKX	0.18	1.0		0.26	0.5	0.88	-0.55	0.87	0.96	-0.12	FPUKX
FPXTX	0.7	0.26	0.26		0.71	0.4	0.24	0.35	0.35	0.69	FPXTX
FQIFX	0.94	0.5	0.5	0.71		0.79	0.4	0.76	0.67	0.79	FQIFX
FQIPX	0.55	0.88	0.88	0.4	0.79		-0.13	0.99	0.97	0.25	FQIPX
FQITX	0.67	-0.55	-0.55	0.24	0.4	-0.13		-0.12	-0.34	0.8	FQITX
FQLSX	0.53	0.87	0.87	0.35	0.76	0.99	-0.12		0.96	0.23	FQLSX
FRAGX	0.39	0.96	0.96	0.35	0.67	0.97	-0.34	0.96		0.08	FRAGX
FRAMX	0.94	-0.12	-0.12	0.69	0.79	0.25	0.8	0.23	0.08		FRAMX
	FPTKX	FPURX	FPUKX	FPXTX	FQIFX	FQIPX	FQITX	FQLSX	FRAGX	FRAMX

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High positive correlations

FPUKX	+ 1.0	FPURX
FQLSX	+ 0.99	FQIPX
FRAGX	+ 0.97	FQIPX
FRAGX	+ 0.96	FPURX
FRAGX	+ 0.96	FPUKX
FRAGX	+ 0.96	FQLSX

High negative correlations

FQITX	- 0.55	FPUKX
FQITX	- 0.55	FPURX
FRAGX	- 0.34	FQITX
FQITX	- 0.13	FQIPX
FQLSX	- 0.12	FQITX
FRAMX	- 0.12	FPUKX

Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Short 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 Short'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
FPTKX	0.26	(0.02)	(0.27)	(0.01)	0.28	(0.32)	0.59	(0.50)	1.52
FPURX	0.37	0.04	(0.01)	0.16	0.28	(0.41)	0.99	(0.65)	2.82
FPUKX	0.37	0.04	(0.01)	0.16	0.28	(0.43)	0.95	(0.65)	2.79
FPXTX	0.14	(0.01)	0.00	0.17	0.00	0.00	0.29	(0.38)	1.24
FQIFX	0.30	(0.02)	(0.21)	0.03	0.32	(0.34)	0.67	(0.57)	1.81
FQIPX	0.43	0.01	(0.06)	0.10	0.43	(0.47)	1.00	(0.88)	2.99
FQITX	0.70	(0.11)	0.00	(0.22)	0.00	0.00	1.27	(1.47)	5.17
FQLSX	0.47	0.00	(0.06)	0.10	0.47	(0.54)	1.10	(0.96)	3.16
FRAGX	0.41	0.01	(0.05)	0.12	0.39	(0.46)	0.88	(0.69)	2.92
FRAMX	0.20	(0.03)	0.00	(0.13)	0.00	0.00	0.37	(0.35)	1.30

Unable to evaluate fundamental data of [FPTKX, FPURX, FPUKX, FPXTX, FQIFX, FQIPX, FQITX, FQLSX, FRAGX, FRAMX] at this time. Please try again later

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Fidelity Short Competitive Analysis

The better you understand Fidelity Short competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fidelity Short'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 Short'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

	FSHBX	FPTKX	FPURX	FPUKX	FPXTX	FQIFX	FQIPX	FQITX	FQLSX	FRAGX
	0.12 8.45 Fidelity	0.34 11.90 Fidelity	0.57 25.94 Fidelity	0.04 25.91 Fidelity	0.38 10.55 Fidelity	0.25 19.59 Fidelity	0.15 27.22 Fidelity	1.93 12.70 Fidelity	0.22 13.68 Fidelity	0.17 11.72 Aggressive
Market Volatility (90 Days Market Risk)	Very steady	Very steady	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	Good	Good	Very Weak	Weak	OK	Very Weak	Modest	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Under Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly 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	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Hold	Buy	Buy	Sell	Hold	Strong Hold	Hold	Strong Hold	Strong Hold
Net Asset	2.58 B	5.48 B	27.84 B	29.52 B	407.89 M	13.66 B	16.71 B	318.52 M	27.81 M	915.85 K
Price To Book	N/A	N/A	2.71	2.71	N/A	2.06	N/A	N/A	N/A	N/A
Five Year Return	1.88	5.18	12.36	12.45	1.23	6.16	N/A	N/A	10.9	N/A
One Year Return	5.79	13.41	28.07	28.18	5.36	16.56	N/A	N/A	25.82	N/A
Last Dividend Paid	0.01	0.01	0.05	0.06	N/A	0.01	N/A	0.1	N/A	N/A
Price To Earning	N/A	N/A	21.01	21.01	N/A	17.67	N/A	N/A	N/A	N/A
Price To Sales	N/A	N/A	2.67	2.67	N/A	1.45	N/A	N/A	N/A	N/A
Cash Position Weight	1.21	4.0	3.84	1.73	1.67	6.25	0.08	1.21	4.11	N/A
Equity Positions Weight	N/A	39.03	67.55	64.46	N/A	55.64	90.03	98.79	88.78	N/A
Three Year Return	2.08	1.87	7.58	7.68	-0.16	2.7	N/A	N/A	6.49	N/A
Annual Yield	0.0059	0.0276	0.0155	0.0161	0.007	0.0216	0.0173	0.0245	0.0174	0.0153
Year To Date Return	4.79	9.75	22.72	22.85	3.45	12.21	N/A	N/A	19.46	N/A
Bond Positions Weight	13.79	7.8	26.47	3.45	98.33	37.75	1.25	N/A	6.31	N/A
Ten Year Return	1.81	6.75	9.92	10.03	4.01	7.73	N/A	N/A	N/A	N/A
Day Typical Price	8.45	11.9	25.94	25.91	10.55	19.59	27.22	12.7	13.68	11.72
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	(0.01)	(0.04)	(0.15)	(0.01)	(0.04)	(0.05)	(0.04)	(0.25)	(0.03)	(0.02)
Rate Of Daily Change	1.0	1.0	0.99	1.0	1.0	1.0	1.0	0.98	1.0	1.0
Day Median Price	8.45	11.9	25.94	25.91	10.55	19.59	27.22	12.7	13.68	11.72
Price Action Indicator	(0.01)	(0.02)	(0.07)	(0.01)	(0.02)	(0.03)	(0.02)	(0.12)	(0.01)	(0.01)
Relative Strength Index	57.4	61.93	65.95	65.81	69.32	63.14	61.08	45.31	60.53	64.06
Coefficient Of Variation	6457.82	4800.3	529.77	532.38	(8,445)	1882.37	850.99	(1,335)	908.82	705.7
Mean Deviation	0.0853	0.2571	0.3683	0.3724	0.1419	0.2988	0.4304	0.7024	0.4723	0.4056
Jensen Alpha	(0.01)	(0.02)	0.0378	0.0373	(0.01)	(0.02)	0.0065	(0.11)	0.0037	0.0141
Total Risk Alpha	(0.02)	(0.04)	0.0223	0.0218	(0.04)	(0.04)	(0.01)	(0.19)	(0.02)	(0.0009)
Sortino Ratio	(0.65)	(0.27)	(0.01)	(0.01)	N/A	(0.21)	(0.06)	N/A	(0.06)	(0.05)
Downside Variance	0.0229	0.1154	0.271	0.2428	N/A	0.1493	0.3099	N/A	0.3417	0.2622
Standard Deviation	0.1205	0.3323	0.5013	0.5011	0.2218	0.3797	0.5496	0.9233	0.6025	0.5236
Kurtosis	0.9603	(0.07)	1.3	1.2	4.25	(0.01)	0.4194	1.33	0.3596	0.682
Potential Upside	0.2367	0.5947	0.9854	0.9467	0.2871	0.6691	1.0	1.27	1.1	0.8772
Treynor Ratio	0.6613	(0.01)	0.1627	0.1621	0.1709	0.0318	0.1022	(0.22)	0.0964	0.1154
Maximum Drawdown	0.5913	1.52	2.82	2.79	1.24	1.81	2.99	5.17	3.16	2.92
Variance	0.0145	0.1105	0.2513	0.2511	0.0492	0.1442	0.3021	0.8524	0.3629	0.2742
Market Risk Adjusted Performance	0.6713	(0)	0.1727	0.1721	0.1809	0.0418	0.1122	(0.21)	0.1064	0.1254
Risk Adjusted Performance	(0.04)	0.0033	0.1324	0.1317	(0.03)	0.0294	0.082	(0.05)	0.0777	0.0989
Skewness	0.1601	0.1968	0.0877	0.1281	(0.89)	0.1386	0.0858	0.391	0.2504	0.1859
Semi Deviation	0.0869	0.2792	0.2807	0.2827	N/A	0.3197	0.4304	N/A	0.469	0.388
Information Ratio	(0.82)	(0.28)	(0.01)	(0.01)	(0.46)	(0.21)	(0.06)	(0.18)	(0.06)	(0.05)
Value At Risk	(0.12)	(0.50)	(0.65)	(0.65)	(0.38)	(0.57)	(0.88)	(1.47)	(0.96)	(0.69)
Expected Short fall	(0.15)	(0.32)	(0.41)	(0.43)	N/A	(0.34)	(0.47)	N/A	(0.54)	(0.46)
Downside Deviation	0.1514	0.3397	0.5205	0.4927	N/A	0.3864	0.5567	N/A	0.5845	0.5121
Semi Variance	0.0076	0.0779	0.0788	0.0799	N/A	0.1022	0.1853	N/A	0.2199	0.1506

Fidelity Short Competition Performance Charts

Five steps to successful analysis of Fidelity Short Competition

Fidelity Short'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 Short Term in relation to its competition. Fidelity Short's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fidelity Short 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 Short's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fidelity Short Term, 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 Short position

In addition to having Fidelity Short 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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Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.

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Fidelity Short 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 Short security.

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Fidelity Short Competition

Specify up to 10 symbols:

Fidelity Short Competition Correlation Matrix

Risk-Adjusted Indicators

Fidelity Short Competitive Analysis

Fidelity Short Competition Performance Charts

Five steps to successful analysis of Fidelity Short Competition

Complement your Fidelity Short position

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Run Financials Thematic Idea Now

Financials

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