Fidelity Select Semiconductors Fund Quote
| FSELX Fund | USD 28.28 0.77 2.80% |
Performance5 of 100
| Odds Of DistressLess than 19
|
Fidelity Select is trading at 28.28 as of the 24th of April 2024; that is 2.80 percent increase since the beginning of the trading day. The fund's open price was 27.51. Fidelity Select has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Fidelity Select Semiconductors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund invests primarily in common stocks. It invests at least 80 percent of its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. The fund invests in domestic and foreign issuers. More on Fidelity Select Semiconductors
Moving against Fidelity Mutual Fund
| 0.89 | NOGWQ | Nogin Inc | PairCorr |
| 0.77 | SBIGW | SpringBig Holdings | PairCorr |
| 0.72 | DMAN | Innovativ Media Group | PairCorr |
| 0.68 | DLPX | Delphax Technologies | PairCorr |
| 0.57 | WETH | Wetouch Technology Common | PairCorr |
| 0.54 | ELCO | Elcom International | PairCorr |
| 0.41 | VIDE | Video Display Earnings Call This Week | PairCorr |
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 Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Tech Growth (View all Themes) |
| Fund Concentration | Fidelity Investments Funds, Large Growth Funds, Technology Funds, Tech Growth Funds, Technology, Fidelity Investments, Large Growth, Technology (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of April 2023 |
| Fiscal Year End | February |
Fidelity Select Semiconductors [FSELX] is traded in USA and was established 24th of April 2024. Fidelity Select is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Technology category and is part of Fidelity Investments family. The entity is thematically classified as Tech Growth. This fund currently has accumulated 10.9 B in assets under management (AUM) with no minimum investment requirementsFidelity Select Semi is currently producing year-to-date (YTD) return of 11.13% with the current yeild of 0.0%, while the total return for the last 3 years was 21.83%.
Check Fidelity Select 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 Select Semiconductors 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 Select Semiconductors Mutual Fund Constituents
| AVT | Avnet Inc | Stock | Information Technology |
| AMAT | Applied Materials | Stock | Information Technology |
| ADI | Analog Devices | Stock | Information Technology |
| TXN | Texas Instruments Incorporated | Stock | Information Technology |
| TER | Teradyne | Stock | Information Technology |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| ON | ON Semiconductor | Stock | Information Technology |
Fidelity Select Target Price Odds Analysis
Based on a normal probability distribution, the odds of Fidelity Select jumping above the current price in 90 days from now is about 63.19%. The Fidelity Select Semiconductors probability density function shows the probability of Fidelity Select 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 1.6494. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fidelity Select will likely underperform. Additionally, fidelity Select Semiconductors has an alpha of 0.0111, implying that it can generate a 0.0111 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity Select to move above the current price in 90 days from now is about 63.19 (This Fidelity Select Semiconductors probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Fidelity Select Top Holders
| PFFSX | Pfg Fidelity Institutional | Mutual Fund | Large Blend |
Fidelity Select Semi Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Select market risk premium is the additional return an investor will receive from holding Fidelity Select 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 Select. 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 Select's alpha and beta are two of the key measurements used to evaluate Fidelity Select's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.39 |
Fidelity Select Against Markets
Picking the right benchmark for Fidelity Select 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 Select 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 Select is critical whether you are bullish or bearish towards Fidelity Select Semiconductors at a given time. Please also check how Fidelity Select'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 Select 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?
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| All Next | Launch Module |
How to buy Fidelity Mutual Fund?
Before investing in Fidelity Select, 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 Select. To buy Fidelity Select fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Select. 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 Select fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Select Semiconductors 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 Select Semiconductors 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 Select Semiconductors, 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 Select Semiconductors?
The danger of trading Fidelity Select Semiconductors 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 Select 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 Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Select Semi 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 Select Semiconductors. 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 bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.