Fidelity Maryland Municipal Fund Buy Hold or Sell Recommendation

SMDMX Fund  USD 10.89  0.03  0.28%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Fidelity Maryland Municipal is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fidelity Maryland Municipal given historical horizon and risk tolerance towards Fidelity Maryland. When Macroaxis issues a 'buy' or 'sell' recommendation for Fidelity Maryland Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Fidelity Maryland Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Fidelity and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Fidelity Maryland Municipal. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in population.

Execute Fidelity Maryland Buy or Sell Advice

The Fidelity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fidelity Maryland Municipal. Macroaxis does not own or have any residual interests in Fidelity Maryland Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fidelity Maryland's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Fidelity MarylandBuy Fidelity Maryland
Cautious Hold

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Fidelity Maryland Municipal has a Mean Deviation of 0.161, Semi Deviation of 0.1865, Standard Deviation of 0.2541, Variance of 0.0646, Downside Variance of 0.1417 and Semi Variance of 0.0348
Our trade advice tool can cross-verify current analyst consensus on Fidelity Maryland and to analyze the fund potential to grow in the current economic cycle. Please use Fidelity Maryland one year return and bond positions weight to make buy, hold, or sell decision on Fidelity Maryland.

Fidelity Maryland Trading Alerts and Improvement Suggestions

Latest headline from news.google.com: Adams Diversified Equity Fund Sees Unusually-High Trading Volume - Whats Next - MarketBeat
The fund generated three year return of 0.0%
Fidelity Maryland maintains about 100.0% of its assets in bonds

Fidelity Maryland Returns Distribution Density

The distribution of Fidelity Maryland's historical returns is an attempt to chart the uncertainty of Fidelity Maryland's future price movements. The chart of the probability distribution of Fidelity Maryland daily returns describes the distribution of returns around its average expected value. We use Fidelity Maryland Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fidelity Maryland returns is essential to provide solid investment advice for Fidelity Maryland.
Mean Return
0.02
Value At Risk
-0.37
Potential Upside
0.37
Standard Deviation
0.25
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fidelity Maryland historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Fidelity Maryland Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fidelity Maryland or Fidelity Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fidelity Maryland's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fidelity fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones-0.1
σ
Overall volatility
0.26
Ir
Information ratio -0.46

Fidelity Maryland Volatility Alert

Fidelity Maryland Municipal exhibits very low volatility with skewness of -1.06 and kurtosis of 5.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fidelity Maryland's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fidelity Maryland's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Fidelity Maryland Fundamentals Vs Peers

Comparing Fidelity Maryland's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fidelity Maryland's direct or indirect competition across all of the common fundamentals between Fidelity Maryland and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fidelity Maryland or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Fidelity Maryland's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fidelity Maryland by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Fidelity Maryland to competition
FundamentalsFidelity MarylandPeer Average
Annual Yield0 %0.29 %
Year To Date Return1.71 %0.39 %
One Year Return5.80 %4.15 %
Three Year Return(0.40) %3.60 %
Five Year Return0.92 %3.24 %
Ten Year Return3.44 %1.79 %
Net Asset168.64 M4.11 B
Last Dividend Paid0.020.65
Bond Positions Weight100.00 %11.24 %

Fidelity Maryland Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fidelity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Fidelity Maryland Buy or Sell Advice

When is the right time to buy or sell Fidelity Maryland Municipal? Buying financial instruments such as Fidelity Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Fidelity Maryland 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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Agriculture
Agriculture Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
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