Fidelity Mutual Fund Manager Performance Evaluation

FATKX
 Fund
  

USD 13.91  0.11  0.78%   

The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. Let's try to break down what Fidelity's beta means in this case. the returns on MARKET and Fidelity Freedom are completely uncorrelated. Although it is important to respect Fidelity Freedom 2020 historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Fidelity Freedom 2020 technical indicators, you can presently evaluate if the expected return of 0.0319% will be sustainable into the future.
  
Fidelity Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Freedom 2020 are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward-looking signals, Fidelity Freedom 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 Price Channel

Fifty Two Week High18.05

Fidelity Freedom Relative Risk vs. Return Landscape

If you would invest  1,366  in Fidelity Freedom 2020 on May 16, 2022 and sell it today you would earn a total of  25.00  from holding Fidelity Freedom 2020 or generate 1.83% return on investment over 90 days. Fidelity Freedom 2020 is currently producing 0.0319% returns and takes up 0.7944% volatility of returns over 90 trading days. Put another way, 6% 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.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Fidelity Freedom is expected to generate 2.57 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.59 times less risky than the market. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 of returns per unit of risk over similar time horizon.

Fidelity Freedom Current Valuation

Fairly Valued
Today 13.91
Please note that Fidelity Freedom's price fluctuation is very steady at this time.
Fidelity Freedom 2020 shows a prevailing Real Value of $13.83 per share. The current price of the fund is $13.91. At this time, the entity appears to be fairly valued. We determine the value of Fidelity Freedom 2020 from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will submerge.
Our valuation method for Fidelity Freedom 2020 is useful when determining the fair value of the Fidelity mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Fidelity Freedom. Since Fidelity Freedom is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Freedom'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.
13.83
Real Value
14.62
Upside
Estimating the potential upside or downside of Fidelity Freedom 2020 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 Freedom more accurately as focusing exclusively on Fidelity Freedom's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
13.1213.9114.70
Details

Fidelity Freedom Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Freedom's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Freedom 2020, and traders can use it to determine the average amount a Fidelity Freedom'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 = 0.0402

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Estimated Market Risk
 0.79
  actual daily
 
 6 %
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66
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Based on monthly moving average Fidelity Freedom is performing at about 3% 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 Freedom by adding it to a well-diversified portfolio.

About Fidelity Freedom Performance

To evaluate Fidelity Freedom 2020 Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fidelity Freedom generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fidelity Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fidelity Freedom 2020 stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Fidelity's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. Fidelity Freedom is traded on NASDAQ Exchange in the United States.

Things to note about Fidelity Freedom 2020

Checking the ongoing alerts about Fidelity Freedom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Freedom 2020 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Fidelity Freedom Alerts

Equity Alerts and Improvement Suggestions

Fidelity Freedom is unlikely to experience financial distress in the next 2 years
The fund retains about 7.69% of its assets under management (AUM) in fixed income securities
Please check Investing Opportunities. Note that the Fidelity Freedom 2020 information on this page should be used as a complementary analysis to other Fidelity Freedom'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Fidelity Mutual Fund analysis

When running Fidelity Freedom 2020 price analysis, check to measure Fidelity Freedom'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 Freedom is operating at the current time. Most of Fidelity Freedom's value examination focuses on studying past and present price action to predict the probability of Fidelity Freedom's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fidelity Freedom's price. Additionally, you may evaluate how the addition of Fidelity Freedom to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity Freedom value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom'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.