FIDELITY OVERSEAS Competition
| FOSKX Fund | USD 70.54 0.31 0.44% |
Correlation: FIDELITY OVERSEAS vs FIDELITY EMERGING Details
Very poor diversification
The correlation between FOSKX and FEMKX is 0.82, which Macroaxis classifies as Very poor diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving together with FIDELITY Mutual Fund
Mean reversion traders in FIDELITY OVERSEAS's look for price extremes that diverge materially from the historical norm, then position for the reversion that typically follows when the initial catalyst fades.
FIDELITY OVERSEAS Competition Correlation Matrix
Competition correlation for Fidelity Overseas Fund matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.
| 0.72 | 0.46 | 0.9 | 0.96 | 0.94 | FIGFX | ||
| 0.72 | 0.69 | 0.48 | 0.66 | 0.56 | FCPGX | ||
| 0.46 | 0.69 | 0.19 | 0.34 | 0.26 | FGDKX | ||
| 0.9 | 0.48 | 0.19 | 0.93 | 0.89 | FTISX | ||
| 0.96 | 0.66 | 0.34 | 0.93 | 0.96 | FDGFX | ||
| 0.94 | 0.56 | 0.26 | 0.89 | 0.96 | FEMKX | ||
Risk-Adjusted Indicators
Evaluating FIDELITY Mutual Fund requires separating price momentum from underlying business quality relative to competitors. A thorough review of FIDELITY OVERSEAS's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FIGFX | 0.86 | 0.05 | 0.04 | 0.01 | 1.18 | 1.58 | 5.59 | |||
| FCPGX | 1.03 | 0.01 | 0.00 | -0.03 | 0.00 | 1.65 | 6.93 | |||
| FGDKX | 0.83 | -0.03 | 0.00 | -0.07 | 0.00 | 1.48 | 4.51 | |||
| FTISX | 0.55 | 0.02 | 0.06 | -0.57 | 0.87 | 1.15 | 4.89 | |||
| FDGFX | 0.70 | 0.06 | 0.07 | 0.03 | 0.90 | 1.20 | 4.49 | |||
| FEMKX | 0.92 | 0.13 | 0.09 | 0.09 | 1.25 | 2.00 | 6.87 |
FIDELITY OVERSEAS Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
FIDELITY OVERSEAS Competition Peer Performance Charts
How to Analyze FIDELITY OVERSEAS Against Peers
FIDELITY OVERSEAS's peer analysis compares FIDELITY OVERSEAS with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether FIDELITY OVERSEAS trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where FIDELITY OVERSEAS leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Analyzing FIDELITY OVERSEAS peers expands diversification context, relative positioning, and sector theme understanding - the view compares related instruments across sectors and thematic groups. Competition screens can identify leaders, laggards, and outliers within a comparable set.
The analytics block for Fidelity Overseas Fund relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.