Fidelity Low Priced Stock Fund Quote

FLPKX Fund  USD 47.52  0.55  1.17%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Fidelity Low-priced is trading at 47.52 as of the 28th of March 2024; that is 1.17 percent up since the beginning of the trading day. The fund's open price was 46.97. Fidelity Low-priced has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Fidelity Low Priced Stock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund normally invests primarily in common stocks and invests at least 80 percent of its assets in low-priced stocks , which can lead to investments in small and medium-sized companies. It potentially invests in stocks not considered low-priced and in domestic and foreign issuers. More on Fidelity Low Priced Stock

Moving together with Fidelity Mutual Fund

  0.78USG USCF Gold Strategy Symbol ChangePairCorr
  0.87FGWMX Fidelity New MarketsPairCorr
  0.87FGVMX Fidelity New MarketsPairCorr
  0.96FYMIX Fidelity Advisor SusPairCorr
  0.85FGYMX Fidelity New MarketsPairCorr
  0.96FYMMX Fidelity Advisor SusPairCorr
  0.96FYMRX Fidelity SustainablePairCorr

Fidelity Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Low-priced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Low-priced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationFidelity Investments Funds, Large Funds, Mid-Cap Value Funds, Mid-Cap Value, Fidelity Investments, Large, Mid-Cap Value (View all Sectors)
Update Date31st of March 2024
Fidelity Low Priced Stock [FLPKX] is traded in USA and was established 28th of March 2024. Fidelity Low-priced is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Mid-Cap Value category and is part of Fidelity Investments family. This fund currently has accumulated 35.84 B in assets under management (AUM) with no minimum investment requirementsFidelity Low-priced Stock is currently producing year-to-date (YTD) return of 6.77% with the current yeild of 0.02%, while the total return for the last 3 years was 7.74%.
Check Fidelity Low-priced Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Low Priced Stock Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Fidelity Low Priced Stock Mutual Fund Constituents

AMGNAmgen IncStockHealth Care
ANSSANSYS IncStockInformation Technology
ANTMAnthem IncStockHealthcare Plans
AZOAutoZoneStockConsumer Discretionary
BBYBest Buy CoStockConsumer Discretionary
ELVElevance HealthStockHealth Care
METMetLifeStockFinancials
More Details

Fidelity Low-priced Target Price Odds Analysis

Based on a normal probability distribution, the odds of Fidelity Low-priced jumping above the current price in 90 days from now is about 1.2%. The Fidelity Low Priced Stock probability density function shows the probability of Fidelity Low-priced mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0273. This usually indicates Fidelity Low Priced Stock market returns are sensitive to returns on the market. As the market goes up or down, Fidelity Low-priced is expected to follow. Additionally, fidelity Low Priced Stock has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 47.52HorizonTargetOdds Above 47.52
98.76%90 days
 47.52 
1.20%
Based on a normal probability distribution, the odds of Fidelity Low-priced to move above the current price in 90 days from now is about 1.2 (This Fidelity Low Priced Stock probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .

Fidelity Low-priced Stock Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Low-priced market risk premium is the additional return an investor will receive from holding Fidelity Low-priced long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Low-priced. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Low-priced's alpha and beta are two of the key measurements used to evaluate Fidelity Low-priced's performance over the market, the standard measures of volatility play an important role as well.

Fidelity Low-priced Against Markets

Picking the right benchmark for Fidelity Low-priced mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Low-priced mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Low-priced is critical whether you are bullish or bearish towards Fidelity Low Priced Stock at a given time. Please also check how Fidelity Low-priced's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fidelity Low-priced without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

How to buy Fidelity Mutual Fund?

Before investing in Fidelity Low-priced, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Low-priced. To buy Fidelity Low-priced fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Low-priced. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Low-priced fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Fidelity Low Priced Stock fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Fidelity Low Priced Stock fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Fidelity Low Priced Stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Fidelity Low Priced Stock?

The danger of trading Fidelity Low Priced Stock is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Low-priced is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Low-priced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Low-priced Stock is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Low Priced Stock. 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 industry.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Fidelity Mutual Fund analysis

When running Fidelity Low-priced's price analysis, check to measure Fidelity Low-priced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Low-priced is operating at the current time. Most of Fidelity Low-priced's value examination focuses on studying past and present price action to predict the probability of Fidelity Low-priced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Low-priced's price. Additionally, you may evaluate how the addition of Fidelity Low-priced to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
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.