Fidelity Advisor Health Fund Statistic Functions Beta

FACTX Fund  USD 46.93  -0.04  -0.09%   
The statistic functions module provides an execution environment for Beta function and related indicators on FIDELITY ADVISOR. It emphasizes statistical functions describing dispersion and variability while keeping volatility, risk, and performance context in view. Please specify Time Period to run the technical study.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Fidelity Advisor Health correlated with the market. If Beta is less than 0 FIDELITY ADVISOR generally moves in the opposite direction as compared to the market. If FIDELITY ADVISOR Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Advisor Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FIDELITY ADVISOR is generally in the same direction as the market. If Beta > 1 FIDELITY ADVISOR moves generally in the same direction as, but more than the movement of the benchmark.

FIDELITY ADVISOR Technical Analysis Modules

Technical analysis of FIDELITY ADVISOR uses historical price and volume data to identify patterns that may signal where the FIDELITY trend is heading. When multiple indicator categories align on the same directional signal for FIDELITY, confidence in the setup increases.

Methodology, Assumptions & Data Sources

This chart tracks FIDELITY ADVISOR's Statistic Functions from year to year. Some metrics drift back toward their average over time.

Unless otherwise specified, data for Fidelity Advisor Health is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board
Last reviewed on March 2nd, 2026