Fidelity Mutual Fund Market Value

FZROX
 Fund
  

USD 13.24  0.12  0.90%   

Fidelity Total's market value is the price at which a share of Fidelity Total stock trades on a public exchange. It measures the collective expectations of Fidelity Total Market investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Fidelity Total Market and determine expected loss or profit from investing in Fidelity Total over a given investment horizon. Please check Fidelity Total Hype Analysis, Fidelity Total Correlation, Portfolio Optimization, Fidelity Total Volatility, as well as analyze Fidelity Total Alpha and Beta and Fidelity Total Performance.
Symbol
Backtest

Please note, there is a significant difference between Fidelity Total's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity Total value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Total'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 Total '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 Total's mutual 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 Total.
0.00
07/12/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
07/02/2022
0.00
If you would invest  0.00  in Fidelity Total on July 12, 2020 and sell it all today you would earn a total of 0.00 from holding Fidelity Total Market or generate 0.0% return on investment in Fidelity Total over 720 days. Fidelity Total is related to or competes with Cisco Systems. The fund normally invests at least 80 percent of its assets in common stocks included in the Fidelity U.SMore

Fidelity Total 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 Total's mutual 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 Total Market upside and downside potential and time the market with a certain degree of confidence.

Fidelity Total Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Total's standard deviation. In reality, there are many statistical measures that can use Fidelity Total historical prices to predict the future Fidelity Total's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fidelity Total'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. Please use the tools below to analyze the current value of Fidelity Total in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.4013.2415.08
Details
Intrinsic
Valuation
LowReal ValueHigh
10.3612.2014.04
Details
Naive
Forecast
LowNext ValueHigh
11.8513.6815.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.0713.3813.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Total. Your research has to be compared to or analyzed against Fidelity Total's peers to derive any actionable benefits. When done correctly, Fidelity Total's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Fidelity Total Market.

Fidelity Total Market Backtested Returns

Fidelity Total Market secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the fund had -0.16% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Fidelity Total Market exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Fidelity Total Market mean deviation of 1.42, and Coefficient Of Variation of (659.46) to check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.0017, which means not very significant fluctuations relative to the market. Let's try to break down what Fidelity's beta means in this case. As returns on the market increase, Fidelity Total returns are expected to increase less than the market. However, during the bear market, the loss on holding Fidelity Total will be expected to be smaller as well. Even though it is essential to pay attention to Fidelity Total Market historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Fidelity Total Market exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.56  

Good reverse predictability

Fidelity Total Market has good reverse predictability. Overlapping area represents the amount of predictability between Fidelity Total time series from 12th of July 2020 to 7th of July 2021 and 7th of July 2021 to 2nd of July 2022. 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 Total Market price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Fidelity Total price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.83

Fidelity Total Market lagged returns against current returns

Autocorrelation, which is Fidelity Total mutual 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Total returns to help us make a trade decision. For example, suppose you find that Fidelity Total mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Fidelity Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Total mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Total mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Fidelity Total Lagged Returns

When evaluating Fidelity Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Total mutual fund have on its future price. Fidelity Total 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 Total autocorrelation shows the relationship between Fidelity Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Total Market.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fidelity Total without increasing your portfolio risk or giving up 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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fidelity Total Market using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Fidelity Total Hype Analysis, Fidelity Total Correlation, Portfolio Optimization, Fidelity Total Volatility, as well as analyze Fidelity Total Alpha and Beta and Fidelity Total Performance. Note that the Fidelity Total Market information on this page should be used as a complementary analysis to other Fidelity Total'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Fidelity Total Market price analysis, check to measure Fidelity Total'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 Total is operating at the current time. Most of Fidelity Total's value examination focuses on studying past and present price action to predict the probability of Fidelity Total's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fidelity Total's price. Additionally, you may evaluate how the addition of Fidelity Total to your portfolios can decrease your overall portfolio volatility.
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Fidelity Total technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fidelity Total technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Total trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...