Fidelity Low Priced Stock Fund Market Value

FLPKX Fund  USD 47.66  0.14  0.29%   
Fidelity Low-priced's market value is the price at which a share of Fidelity Low-priced trades on a public exchange. It measures the collective expectations of Fidelity Low Priced Stock investors about its performance. Fidelity Low-priced is trading at 47.66 as of the 29th of March 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 47.52.
With this module, you can estimate the performance of a buy and hold strategy of Fidelity Low Priced Stock and determine expected loss or profit from investing in Fidelity Low-priced over a given investment horizon. Check out Fidelity Low-priced Correlation, Fidelity Low-priced Volatility and Fidelity Low-priced Alpha and Beta module to complement your research on Fidelity Low-priced.
Symbol

Please note, there is a significant difference between Fidelity Low-priced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Low-priced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Low-priced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fidelity Low-priced 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Low-priced's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Low-priced.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Fidelity Low-priced on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Fidelity Low Priced Stock or generate 0.0% return on investment in Fidelity Low-priced over 720 days. Fidelity Low-priced is related to or competes with Fidelity Low, Vanguard Mid-cap, John Hancock, Vanguard Mid-cap, Jpmorgan Mid, Jpmorgan Mid, and Jpmorgan Mid. The fund normally invests primarily in common stocks and invests at least 80 percent of its assets in low-priced stocks ... More

Fidelity Low-priced Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Low-priced's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Low Priced Stock upside and downside potential and time the market with a certain degree of confidence.

Fidelity Low-priced Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Low-priced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Low-priced's standard deviation. In reality, there are many statistical measures that can use Fidelity Low-priced historical prices to predict the future Fidelity Low-priced's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Low-priced's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
47.0247.6548.28
Details
Intrinsic
Valuation
LowRealHigh
46.4047.0347.66
Details
Naive
Forecast
LowNextHigh
47.2847.9148.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
44.9446.2447.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Low-priced. Your research has to be compared to or analyzed against Fidelity Low-priced's peers to derive any actionable benefits. When done correctly, Fidelity Low-priced's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fidelity Low-priced Stock.

Fidelity Low-priced Stock Backtested Returns

We consider Fidelity Low-priced very steady. Fidelity Low-priced Stock secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Low Priced Stock, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Low-priced's Mean Deviation of 0.4706, downside deviation of 0.7007, and Coefficient Of Variation of 465.7 to check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 1.03, which means a somewhat significant risk relative to the market. Fidelity Low-priced returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Low-priced is expected to follow.

Auto-correlation

    
  0.44  

Average predictability

Fidelity Low Priced Stock has average predictability. Overlapping area represents the amount of predictability between Fidelity Low-priced time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Low-priced Stock price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Fidelity Low-priced price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.31
Residual Average0.0
Price Variance5.65

Fidelity Low-priced Stock lagged returns against current returns

Autocorrelation, which is Fidelity Low-priced mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Low-priced's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Low-priced returns to help us make a trade decision. For example, suppose you find that Fidelity Low-priced has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Fidelity Low-priced regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Low-priced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Low-priced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Low-priced mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Fidelity Low-priced Lagged Returns

When evaluating Fidelity Low-priced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Low-priced mutual fund have on its future price. Fidelity Low-priced autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Low-priced autocorrelation shows the relationship between Fidelity Low-priced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Low Priced Stock.
   Regressed Prices   
       Timeline  

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Check out Fidelity Low-priced Correlation, Fidelity Low-priced Volatility and Fidelity Low-priced Alpha and Beta module to complement your research on Fidelity Low-priced.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Fidelity Low-priced 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 Low-priced technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Low-priced 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...