Fidelity Strategic Dividend Fund Price on July 31, 6022
| FASDX Fund | USD 18.21 0.03 0.17% |
Below is the normalized historical share price chart for Fidelity Strategic Dividend extending back to January 06, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity Strategic stands at 18.21, as last reported on the 2nd of December, with the highest price reaching 18.21 and the lowest price hitting 18.21 during the day.
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Strategic secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Strategic Dividend, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Strategic's Mean Deviation of 0.3647, coefficient of variation of 542.67, and Downside Deviation of 0.4775 to check if the risk estimate we provide is consistent with the expected return of 0.0893%.
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.2002
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Fidelity Strategic is performing at about 15% 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 Strategic by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Fidelity Strategic Mutual Fund history
Fidelity Strategic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Strategic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Strategic stock prices may prove useful in developing a viable investing in Fidelity Strategic
The fund normally invests at least 80 percent of assets in equity securities. The advisor uses a neutral mix of approximately 50 percent common stocks, 15 percent REITs and other real estate related investments, 15 percent convertible securities, and 20 percent preferred stocks. The fund invests the funds assets with a focus on equity securities that pay current dividends and show potential for capital appreciation, which tends to lead to investments in value stocks in the common stock category. It invests in domestic and foreign issuers.
Fidelity Strategic Mutual Fund Technical Analysis
Fidelity Strategic technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Fidelity Strategic Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Fidelity Strategic Dividend cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fidelity Strategic December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Strategic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Strategic shares will generate the highest return on investment. By undertsting and applying Fidelity Strategic mutual fund market strength indicators, traders can identify Fidelity Strategic Dividend entry and exit signals to maximize returns
Fidelity Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Strategic's price direction in advance. Along with the technical and fundamental analysis of Fidelity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1343 | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.157 |
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Strategic 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 Strategic security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |