Gold Portfolio Fidelity Fund Technical Analysis
| FIJDX Fund | USD 27.54 0.13 0.47% |
As of the 1st of December, Gold Portfolio retains the Market Risk Adjusted Performance of 0.0615, risk adjusted performance of 0.0127, and Downside Deviation of 1.87. Gold Portfolio technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Gold Portfolio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoldGold |
Gold Portfolio 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.
Gold Portfolio Fidelity Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Gold Portfolio Fidelity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gold Portfolio Fidelity Trend Analysis
Use this graph to draw trend lines for Gold Portfolio Fidelity. You can use it to identify possible trend reversals for Gold Portfolio as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Gold Portfolio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gold Portfolio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gold Portfolio Fidelity applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Gold Portfolio Fidelity market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.64, which is the sum of squared deviations for the predicted Gold Portfolio price change compared to its average price change.About Gold Portfolio Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Gold Portfolio Fidelity on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Gold Portfolio Fidelity based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Gold Portfolio Fidelity price pattern first instead of the macroeconomic environment surrounding Gold Portfolio Fidelity. By analyzing Gold Portfolio's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Gold Portfolio's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Gold Portfolio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gold Portfolio December 1, 2024 Technical Indicators
Most technical analysis of Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gold from various momentum indicators to cycle indicators. When you analyze Gold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0127 | |||
| Market Risk Adjusted Performance | 0.0615 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.81 | |||
| Downside Deviation | 1.87 | |||
| Coefficient Of Variation | 10761.28 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.08 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0515 | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 3.5 | |||
| Semi Variance | 3.27 | |||
| Expected Short fall | (1.33) | |||
| Skewness | (0.22) | |||
| Kurtosis | 1.01 |
Gold Portfolio Fidelity One Year Return
Based on the recorded statements, Gold Portfolio Fidelity has an One Year Return of 25.4764%. This is much higher than that of the Fidelity Investments family and significantly higher than that of the Equity Precious Metals category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Gold Mutual Fund
Gold Portfolio financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Portfolio security.
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