Fidelity Money Market Fund Market Value
| FZDXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Fidelity |
Please note, there is a significant difference between Fidelity Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Money'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 Money '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 Money's money market 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 Money.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Fidelity Money on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Money Market or generate 0.0% return on investment in Fidelity Money over 90 days. Fidelity Money is related to or competes with Guidemark Smallmid, Ab Small, Glg Intl, Qs Us, Praxis Small, United Kingdom, and Eagle Small. Fidelity Money is entity of United States More
Fidelity Money 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 Money's money market 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 Money Market upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.56) | |||
| Maximum Drawdown | 1.01 |
Fidelity Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Money's standard deviation. In reality, there are many statistical measures that can use Fidelity Money historical prices to predict the future Fidelity Money's volatility.| Risk Adjusted Performance | 0.0431 | |||
| Total Risk Alpha | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Money'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.
Fidelity Money Market Backtested Returns
At this stage we consider Fidelity Money Market Fund to be not too volatile. Fidelity Money Market secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13 % return per unit of risk over the last 3 months. We have found thirteen technical indicators for Fidelity Money Market, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Money's Variance of 0.0155, information ratio of (1.56), and Coefficient Of Variation of 812.4 to check if the risk estimate we provide is consistent with the expected return of 0.0163%. The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fidelity Money are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Fidelity Money Market has no correlation between past and present. Overlapping area represents the amount of predictability between Fidelity Money time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 2025. 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 Money Market price movement. The serial correlation of 0.0 indicates that just 0.0% of current Fidelity Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fidelity Money Market lagged returns against current returns
Autocorrelation, which is Fidelity Money money market 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 Money's money market fund expected returns. We can calculate the autocorrelation of Fidelity Money returns to help us make a trade decision. For example, suppose you find that Fidelity Money has exhibited high autocorrelation historically, and you observe that the money market 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 Money 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 Money money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Money money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Money money market fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Money Lagged Returns
When evaluating Fidelity Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Money money market fund have on its future price. Fidelity Money 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 Money autocorrelation shows the relationship between Fidelity Money money market fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Money Market.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Money Market Fund
Fidelity Money financial ratios help investors to determine whether Fidelity Money Market Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Money security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |