Fidelity Mega Cap Fund Technical Analysis
| FGTAX Fund | USD 22.37 0.01 0.04% |
As of the 20th of April, Fidelity Mega shows the Coefficient Of Variation of 509.45, downside deviation of 0.6335, and Mean Deviation of 0.4786. Fidelity Mega Cap technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Fidelity Mega Cap, which can be compared to its peers. Please confirm Fidelity Mega Cap standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Fidelity Mega Cap is priced favorably, providing market reflects its regular price of 22.37 per share.
Fidelity Mega Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fidelity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FidelityFidelity |
Fidelity Mega 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.
Fidelity Mega Cap Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Fidelity Mega Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fidelity Mega Cap Trend Analysis
Use this graph to draw trend lines for Fidelity Mega Cap. You can use it to identify possible trend reversals for Fidelity Mega 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 Fidelity Mega price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fidelity Mega Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fidelity Mega Cap applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Fidelity Mega Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 44.5, which is the sum of squared deviations for the predicted Fidelity Mega price change compared to its average price change.About Fidelity Mega 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 Fidelity Mega Cap 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 Fidelity Mega Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Fidelity Mega Cap price pattern first instead of the macroeconomic environment surrounding Fidelity Mega Cap. By analyzing Fidelity Mega'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 Fidelity Mega'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 Fidelity Mega specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fidelity Mega April 20, 2024 Technical Indicators
Most technical analysis of Fidelity 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 Fidelity from various momentum indicators to cycle indicators. When you analyze Fidelity 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 | 0.1203 | |||
| Market Risk Adjusted Performance | 0.1444 | |||
| Mean Deviation | 0.4786 | |||
| Semi Deviation | 0.4418 | |||
| Downside Deviation | 0.6335 | |||
| Coefficient Of Variation | 509.45 | |||
| Standard Deviation | 0.6219 | |||
| Variance | 0.3867 | |||
| Information Ratio | 0.059 | |||
| Jensen Alpha | 0.0492 | |||
| Total Risk Alpha | 0.0355 | |||
| Sortino Ratio | 0.0579 | |||
| Treynor Ratio | 0.1344 | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.9981 | |||
| Downside Variance | 0.4013 | |||
| Semi Variance | 0.1951 | |||
| Expected Short fall | (0.53) | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.5675 |
Fidelity Mega Cap One Year Return
Based on the recorded statements, Fidelity Mega Cap has an One Year Return of 25.088%. This is much higher than that of the Fidelity Investments family and significantly higher than that of the Large Blend 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Mega Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Fidelity Mega Cap information on this page should be used as a complementary analysis to other Fidelity Mega's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.