FIDELITY FOUR-IN-ONE Correlations
| FFNOX Fund | USD 64.93 -1.34 -2.02% |
Current 90-days correlation between FIDELITY FOUR-IN-ONE and Largecap Sampp 500 is 0.89 (i.e., Very poor diversification).The rolling correlation of FIDELITY FOUR-IN-ONE with major benchmarks supports assessment of how its diversification benefit changes during periods of stress versus calm markets.
Market Correlation Summary - FIDELITY FOUR-IN-ONE
Poor diversification
Across the chosen horizon, FFNOX and DJI show a correlation of 0.79 and fall into the Poor diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
FIDELITY |
Moving together with FIDELITY Mutual Fund
| 0.85 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 0.98 | FPURX | Fidelity Puritan | PairCorr |
| 0.98 | FPUKX | Fidelity Puritan | PairCorr |
| 0.79 | FPXTX | Fidelity Pennsylvania | PairCorr |
| 0.99 | FQIFX | Fidelity Freedom Index | PairCorr |
| 1.0 | FQIPX | Fidelity Freedom Index | PairCorr |
| 0.96 | FQITX | Fidelity Salem Street | PairCorr |
| 0.98 | FQLSX | Fidelity Flex Freedom | PairCorr |
| 0.98 | FRBDX | Fidelity Freedom 2070 | PairCorr |
| 0.98 | FRBEX | Fidelity Freedom 2070 | PairCorr |
| 0.98 | FRBHX | Fidelity Freedom 2070 | PairCorr |
| 0.99 | FRBKX | Fidelity Advisor Freedom | PairCorr |
| 0.99 | FRBNX | Fidelity Advisor Freedom | PairCorr |
| 0.99 | FRBOX | Fidelity Advisor Freedom | PairCorr |
| 0.82 | FRBQX | Fidelity Flex Freedom | PairCorr |
| 1.0 | FRBUX | Fidelity Freedom Index | PairCorr |
| 1.0 | FRBVX | Fidelity Freedom Index | PairCorr |
| 1.0 | FRBWX | Fidelity Freedom Index | PairCorr |
| 0.99 | FRBYX | Fidelity Freedom Blend | PairCorr |
| 0.99 | FRAGX | Aggressive Growth | PairCorr |
| 0.93 | FRASX | Fidelity Income | PairCorr |
| 0.84 | FRCJX | Fidelity Freedom Blend | PairCorr |
| 0.99 | FRCKX | Fidelity Freedom Blend | PairCorr |
| 0.8 | FRCLX | Fidelity Freedom Blend | PairCorr |
| 0.98 | FRCNX | Fidelity Freedom Blend | PairCorr |
| 0.99 | FRCPX | Fidelity Freedom Blend | PairCorr |
| 1.0 | FRCRX | Fidelity Sustainable | PairCorr |
| 1.0 | FRCVX | Fidelity Sustainable | PairCorr |
| 0.84 | FRCWX | Fidelity Sustainable | PairCorr |
| 1.0 | FRCYX | Fidelity Sustainable | PairCorr |
| 1.0 | FRDCX | Fidelity Sustainable | PairCorr |
| 0.91 | FRDEX | Fidelity Sustainable | PairCorr |
| 0.99 | FRGAX | Growth Allocation Index | PairCorr |
| 0.61 | FRIFX | Fidelity Real Estate | PairCorr |
| 0.9 | FRIMX | Fidelity Income | PairCorr |
| 0.61 | FRINX | Fidelity Real Estate | PairCorr |
| 0.63 | FRIOX | Fidelity Real Estate | PairCorr |
| 0.61 | FRIQX | Fidelity Real Estate | PairCorr |
| 0.9 | FRHMX | Fidelity Managed | PairCorr |
Related Correlations Analysis
Risk-Adjusted Indicators
Strong stock returns do not always mean FIDELITY FOUR-IN-ONE Mutual Fund is outperforming its peers on a fundamental level. A thorough review of FIDELITY FOUR-IN-ONE'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VTMSX | 0.80 | 0.08 | 0.00 | -0.03 | 0.00 | 1.48 | 5.03 | |||
| FTMKX | 0.92 | 0.17 | 0.12 | 0.08 | 1.29 | 1.84 | 7.01 | |||
| VSEQX | 0.74 | 0.08 | 0.00 | -0.02 | 0.00 | 1.27 | 4.91 | |||
| FFLEX | 0.59 | 0.04 | 0.00 | -0.05 | 0.00 | 0.88 | 3.79 | |||
| FDKVX | 0.66 | 0.06 | 0.00 | -0.03 | 0.00 | 0.97 | 4.39 | |||
| JVASX | 0.54 | 0.03 | 0.00 | -0.05 | 0.00 | 1.16 | 3.09 | |||
| GQETX | 0.63 | -0.02 | 0.00 | -0.12 | 0.00 | 1.05 | 3.20 | |||
| PLFMX | 0.62 | 0.04 | 0.00 | -0.05 | 0.00 | 1.02 | 4.98 |