Fidelity Freedom Index Fund Price on June 23, 2023

FIOFX Fund  USD 26.71  0.17  0.63%   
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Fidelity Freedom stands at 26.71, as last reported on the 30th of December, with the highest price reaching 26.71 and the lowest price hitting 26.71 during the day. Fidelity Freedom Index secures Sharpe Ratio (or Efficiency) of -0.0048, which denotes the fund had a -0.0048% return per unit of risk over the last 3 months. Fidelity Freedom Index exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Freedom's Variance of 0.3668, mean deviation of 0.4433, and Standard Deviation of 0.6056 to check the risk estimate we provide.
  
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0048

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Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fidelity Freedom is not performing at its full potential. However, 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 Freedom by adding Fidelity Freedom to a well-diversified portfolio.

Fidelity Freedom Valuation on June 23, 2023

It is possible to determine the worth of Fidelity Freedom on a given historical date. On June 23, 2023 Fidelity was worth 21.32 at the beginning of the trading date compared to the closed value of 21.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Freedom mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Freedom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Freedom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Freedom's related companies.
 Open High Low Close Volume
  21.51    21.51    21.51    21.51    1.00  
06/23/2023
  21.32    21.32    21.32    21.32    1.00  
  21.30    21.30    21.30    21.30    1.00  
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Open Value
21.32
21.32
Closing Value
23.14
Upside

Fidelity Freedom Trading Date Momentum on June 23, 2023

On June 26 2023 Fidelity Freedom Index was traded for  21.30  at the closing time. The highest daily price throughout the period was 21.30  and the lowest price was  21.30 . There was no trading activity during the period 1.0. Lack of trading volume on 06/26/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 2.16% .

Fidelity Freedom Index Fundamentals Correlations and Trends

By evaluating Fidelity Freedom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Freedom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fidelity Freedom Mutual Fund history

Fidelity Freedom 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 Freedom Index 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 Freedom stock prices may prove useful in developing a viable investing in Fidelity Freedom
The investment seeks high total return until its target retirement date thereafter the funds objective will be to seek high current income and, as a secondary objective, capital appreciation. Fidelity Freedom is traded on NASDAQ Exchange in the United States.

Fidelity Freedom Mutual Fund Technical Analysis

Fidelity Freedom 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.
A focus of Fidelity Freedom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Freedom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity Freedom Period Price Range

Low
December 30, 2024
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High

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Fidelity Freedom Index 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 Freedom December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Fidelity Freedom 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 Freedom shares will generate the highest return on investment. By undertsting and applying Fidelity Freedom mutual fund market strength indicators, traders can identify Fidelity Freedom Index entry and exit signals to maximize returns

Fidelity Freedom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fidelity Freedom'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.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Freedom 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 Freedom security.
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