Automotive Portfolio Automotive Fund Quote

FSAVX Fund  USD 56.69  0.51  0.91%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 39

 
100  
 
Zero
Below Average
Automotive Portfolio is trading at 56.69 as of the 28th of March 2024; that is 0.91 percent increase since the beginning of the trading day. The fund's open price was 56.18. Automotive Portfolio has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Automotive Portfolio Automotive 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 at least 80 percent of assets in securities of companies principally engaged in the manufacture, marketing or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services. It invests primarily in common stocks. More on Automotive Portfolio Automotive

Moving together with Automotive Mutual Fund

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  0.69MI Marshall Ilsley Corp Report 15th of April 2024 PairCorr
  0.77ELMSQ Electric Last MilePairCorr

Moving against Automotive Mutual Fund

  0.74MCOM Micromobility Symbol ChangePairCorr
  0.61VIRC Virco Manufacturing Report 26th of April 2024 PairCorr
  0.53NICH NitchesPairCorr
  0.51EVGOW EVgo Equity WarrantsPairCorr
  0.44GMBLP Esports EntertainmentPairCorr
  0.42DSHK Drive ShackPairCorr
  0.41WBUY WEBUY GLOBAL LTDPairCorr

Automotive 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. Automotive Portfolio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Automotive Portfolio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationFidelity Investments Funds, Large Blend Funds, Consumer Cyclical Funds, Consumer Cyclical, Fidelity Investments, Large Blend, Consumer Cyclical (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date29th of April 2023
Fiscal Year EndFebruary
Automotive Portfolio Automotive [FSAVX] is traded in USA and was established 28th of March 2024. Automotive Portfolio is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Consumer Cyclical category and is part of Fidelity Investments family. This fund currently has accumulated 118.4 M in assets under management (AUM) with no minimum investment requirementsAutomotive Portfolio is currently producing year-to-date (YTD) return of 6.91% with the current yeild of 0.01%, while the total return for the last 3 years was 1.7%.
Check Automotive Portfolio 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 Automotive 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 Automotive 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 Automotive Portfolio Automotive 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 Automotive Portfolio Automotive Mutual Fund Constituents

RACEFerrari NVStockConsumer Discretionary
KARKAR Auction ServicesStockIndustrials
HMCHonda Motor CoStockConsumer Discretionary
TSLATesla IncStockConsumer Discretionary
TMToyota MotorStockConsumer Discretionary
ORLYOReilly AutomotiveStockConsumer Discretionary
NIONio Class AStockConsumer Discretionary
More Details

Automotive Portfolio Target Price Odds Analysis

Based on a normal probability distribution, the odds of Automotive Portfolio jumping above the current price in 90 days from now is under 4%. The Automotive Portfolio Automotive probability density function shows the probability of Automotive Portfolio mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Automotive Portfolio Automotive has a beta of -0.0132. This usually indicates as returns on benchmark increase, returns on holding Automotive Portfolio are expected to decrease at a much lower rate. During the bear market, however, Automotive Portfolio Automotive is likely to outperform the market. Additionally, automotive Portfolio Automotive has an alpha of 0.1232, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 56.69HorizonTargetOdds Above 56.69
96.19%90 days
 56.69 
3.75%
Based on a normal probability distribution, the odds of Automotive Portfolio to move above the current price in 90 days from now is under 4 (This Automotive Portfolio Automotive probability density function shows the probability of Automotive Mutual Fund to fall within a particular range of prices over 90 days) .

Automotive Portfolio Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Automotive Portfolio market risk premium is the additional return an investor will receive from holding Automotive Portfolio 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 Automotive Portfolio. 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 Automotive Portfolio's alpha and beta are two of the key measurements used to evaluate Automotive Portfolio's performance over the market, the standard measures of volatility play an important role as well.

Automotive Portfolio Against Markets

Picking the right benchmark for Automotive Portfolio 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 Automotive Portfolio 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 Automotive Portfolio is critical whether you are bullish or bearish towards Automotive Portfolio Automotive at a given time. Please also check how Automotive Portfolio'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 Automotive Portfolio 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.

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How to buy Automotive Mutual Fund?

Before investing in Automotive Portfolio, 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 Automotive Portfolio. To buy Automotive Portfolio fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Automotive Portfolio. 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 Automotive Portfolio fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Automotive Portfolio Automotive 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 Automotive Portfolio Automotive 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 Automotive Portfolio Automotive, 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 Automotive Portfolio Automotive?

The danger of trading Automotive Portfolio Automotive 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 Automotive Portfolio 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 Automotive Portfolio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Automotive Portfolio 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 Automotive Portfolio Automotive. 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 real.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Automotive Portfolio's price analysis, check to measure Automotive Portfolio'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 Automotive Portfolio is operating at the current time. Most of Automotive Portfolio's value examination focuses on studying past and present price action to predict the probability of Automotive Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Portfolio's price. Additionally, you may evaluate how the addition of Automotive Portfolio to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Automotive Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Automotive Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Automotive Portfolio'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.