Fidelity Sai Convertible Fund Manager Performance Evaluation
| FSAWX Fund | 10.90 0.01 0.09% |
The fund shows a Beta (market volatility) of 0.0021, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Sai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Sai is expected to be smaller as well.
Risk-Adjusted Performance
35 of 100
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Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Sai Convertible are ranked lower than 35 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Fidelity Sai is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Fidelity Sai Relative Risk vs. Return Landscape
If you would invest 1,061 in Fidelity Sai Convertible on August 14, 2024 and sell it today you would earn a total of 29.00 from holding Fidelity Sai Convertible or generate 2.73% return on investment over 90 days. Fidelity Sai Convertible is currently producing 0.0429% returns and takes up 0.0943% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Fidelity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Sai Current Valuation
Fairly Valued
Today
Please note that Fidelity Sai's price fluctuation is very steady at this time. Fidelity Sai Convertible shows a prevailing Real Value of USD10.86 per share. The current price of the fund is USD10.9. Our model computes the value of Fidelity Sai Convertible from reviewing the entity technical indicators and probability of bankruptcy. In general, investors advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Sai is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Sai's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.9 | Real 10.86 | Hype 10.9 |
The intrinsic value of Fidelity Sai's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Sai's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Sai Convertible helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Sai more accurately as focusing exclusively on Fidelity Sai's fundamentals will not take into account other important factors: Fidelity Sai Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Sai's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Sai Convertible, and traders can use it to determine the average amount a Fidelity Sai's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.4545
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| FSAWX |
Based on monthly moving average Fidelity Sai is performing at about 35% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Sai by adding it to a well-diversified portfolio.
About Fidelity Sai Performance
Evaluating Fidelity Sai's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Sai has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Sai has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund advisor employs a convertible arbitrage strategy, which involves gaining exposure to a portfolio of convertible securities , and hedging the equity risk inherent in these securities by selling short the common stock into which the securities may be converted. The fund is non-diversified.Things to note about Fidelity Sai Convertible performance evaluation
Checking the ongoing alerts about Fidelity Sai for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Sai Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity is showing solid risk-adjusted performance over 90 days |
- Analyzing Fidelity Sai's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Sai's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Sai's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity Sai's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Sai's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Sai's mutual fund. These opinions can provide insight into Fidelity Sai's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity Sai financial ratios help investors to determine whether Fidelity Mutual 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 Sai security.
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