Fidelity Emerging Markets Fund Quote
FCEM Fund | 10.18 0.02 0.20% |
Performance4 of 100
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Fidelity Emerging is selling at 10.18 as of the 29th of November 2024; that is 0.2 percent decrease since the beginning of the trading day. The fund's open price was 10.2. Fidelity Emerging has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Fidelity Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 29th of November 2024. Click here to learn more.
Fidelity Emerging Markets Risk Profiles
Although Fidelity Emerging's alpha and beta are two of the key measurements used to evaluate Fidelity Emerging's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.8561 | |||
Semi Deviation | 0.8682 | |||
Standard Deviation | 1.34 | |||
Variance | 1.81 |
Fidelity Emerging Against Markets
Fidelity Emerging Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Emerging fund to make a market-neutral strategy. Peer analysis of Fidelity Emerging could also be used in its relative valuation, which is a method of valuing Fidelity Emerging by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |