FIDELITY Mutual Fund Quote

FTAAX
 Fund
  

USD 11.28  0.04  0.36%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
FIDELITY ASSET is trading at 11.28 as of the 9th of December 2022; that is 0.36 percent up since the beginning of the trading day. The fund's open price was 11.24. FIDELITY ASSET has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for FIDELITY ASSET MANAGER are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2022 and ending today, the 9th of December 2022. Click here to learn more.
ISIN
US3160697153
The fund allocates its assets among three main asset classes the stock class , the bond class , and the short-termmoney market class . Fidelity Advisor is traded on NASDAQ Exchange in the United States. More on FIDELITY ASSET MANAGER

Moving together with FIDELITY ASSET

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FIDELITY ASSET 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 ASSET's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FIDELITY ASSET or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
FIDELITY ASSET generated a negative expected return over the last 90 days
FIDELITY ASSET is unlikely to experience financial distress in the next 2 years
On 7th of November 2022 FIDELITY ASSET paid $ 0.014 per share dividend to its current shareholders
The fund retains about 10.38% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of FIDELITY ASSET's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate12th of June 2009
FIDELITY ASSET MANAGER [FTAAX] is traded in USA and was established 9th of December 2022. The fund is listed under Allocation--30% to 50% Equity category and is part of Fidelity Investments family. FIDELITY ASSET MANAGER currently has accumulated 2.76 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 4.31%.
Check FIDELITY ASSET 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 ASSET MANAGER 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 ASSET MANAGER Mutual Fund Constituents

FIDELITY ASSET Target Price Odds Analysis

Based on a normal probability distribution, the odds of FIDELITY ASSET jumping above the current price in 90 days from now is about 7.94%. The FIDELITY ASSET MANAGER probability density function shows the probability of FIDELITY ASSET mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon FIDELITY ASSET has a beta of 0.0179. This usually indicates as returns on the market go up, FIDELITY ASSET average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FIDELITY ASSET MANAGER will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0075, implying that it can generate a 0.007494 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.28HorizonTargetOdds Above 11.28
91.86%90 days
 11.28 
7.94%
Based on a normal probability distribution, the odds of FIDELITY ASSET to move above the current price in 90 days from now is about 7.94 (This FIDELITY ASSET MANAGER probability density function shows the probability of FIDELITY Mutual Fund to fall within a particular range of prices over 90 days) .

FIDELITY ASSET MANAGER Risk Profiles

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

FIDELITY ASSET Against Markets

Picking the right benchmark for FIDELITY ASSET 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 ASSET 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 ASSET is critical whether you are bullish or bearish towards FIDELITY ASSET MANAGER at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FIDELITY ASSET 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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Invested in FIDELITY ASSET MANAGER?

The danger of trading FIDELITY ASSET MANAGER 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 ASSET 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 ASSET. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FIDELITY ASSET MANAGER 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.
Please check Investing Opportunities. Note that the FIDELITY ASSET MANAGER information on this page should be used as a complementary analysis to other FIDELITY ASSET's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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