Fidelity Capital Income Fund Volatility

FAGIX Fund  USD 10.94  0.06  0.55%   
Recent trading patterns suggest Fidelity Capital Income maintains a minimal volatility profile. Its Sharpe Ratio (Efficiency) stands at 0.0673, showing reward per unit of risk over the last 3 months. The current setup includes 28 technical indicators relevant to risk behavior.

Sharpe Ratio = 0.0673

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Negative ReturnsFAGIX
Fidelity Capital Income posted a Market Risk Adjusted Performance of 0.04%, a Risk of 0.37, and a Risk Adjusted Performance of 0.03% for the reported period. Moving average data indicates FIDELITY CAPITAL is positioned near 5% of its recent return envelope. Risk-adjusted contribution varies depending on portfolio structure.
Key indicators related to FIDELITY CAPITAL's volatility include:
90 Days Market Risk
Chance Of Distress
90 Days Economic Sensitivity
Volatility analysis for FIDELITY CAPITAL draws on both historical price data and forward-looking implied volatility from the options market. Together these measures provide a comprehensive view of FIDELITY CAPITAL's risk profile.
  

Volatility Strategy

Observed trading dispersion in Fidelity Capital Income can affect long-term allocation structure. Current statistical measures show total volatility near 0.37% with a beta coefficient of 0.33, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0673, evaluates return per unit of total risk. An alpha value of 0.0252 reflects performance relative to systematic market exposure. Expected return estimates near 0.025% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.

Main indicators related to FIDELITY CAPITAL's market risk premium analysis include:

 Beta
0.33
 Alpha
0.0252
 Risk
0.37
 Sharpe Ratio
0.0673
 Expected Return
0.025

Moving together with FIDELITY Mutual Fund

  0.96FPTKX Fidelity Freedom 2015PairCorr
  0.88FPURX Fidelity PuritanPairCorr
  0.88FPUKX Fidelity PuritanPairCorr
  0.87FPXTX Fidelity PennsylvaniaPairCorr
  0.94FQIFX Fidelity Freedom IndexPairCorr
  0.93FQIPX Fidelity Freedom IndexPairCorr
  0.84FQITX Fidelity Salem StreetPairCorr
  0.96FQLSX Fidelity Flex FreedomPairCorr
  0.96FRBDX Fidelity Freedom 2070PairCorr
  0.95FRBKX Fidelity Advisor FreedomPairCorr
  0.94FRBLX Fidelity Advisor FreedomPairCorr
  0.95FRBNX Fidelity Advisor FreedomPairCorr
  0.95FRBOX Fidelity Advisor FreedomPairCorr
  0.95FRBPX Fidelity Advisor FreedomPairCorr
  0.96FRBQX Fidelity Flex FreedomPairCorr
  0.93FRBUX Fidelity Freedom IndexPairCorr
  0.93FRBWX Fidelity Freedom IndexPairCorr
  0.95FRBYX Fidelity Freedom BlendPairCorr
  0.95FRBZX Fidelity Freedom BlendPairCorr
  0.9FRAGX Aggressive GrowthPairCorr
  0.94FRAMX Fidelity IncomePairCorr
  0.95FRASX Fidelity IncomePairCorr
  0.96FRCFX Fidelity Freedom BlendPairCorr
  0.95FRCHX Fidelity Freedom BlendPairCorr
  0.93FRCKX Fidelity Freedom BlendPairCorr
  0.96FRCLX Fidelity Freedom BlendPairCorr
  0.96FRCNX Fidelity Freedom BlendPairCorr
  0.96FRCPX Fidelity Freedom BlendPairCorr
  0.92FRCQX Fidelity SustainablePairCorr
  0.92FRCRX Fidelity SustainablePairCorr

Sensitivity To Market

FIDELITY CAPITAL systematic risk exposure is reflected in a beta value of 0.33. Beta is derived from regression analysis comparing asset and benchmark returns. Measured volatility currently stands near 0.37%.Over the current lookback period, Fidelity Capital Income shows a minimal volatility profile, using downside deviation (0.46%) as a primary reference. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
Check current 90 days FIDELITY CAPITAL correlation with market (Dow Jones Industrial)
α0.03   β0.33
3 Months Beta |Analyze Fidelity Capital Income Demand Trend
Check current 90 days FIDELITY CAPITAL correlation with market (Dow Jones Industrial)

Downside Risk

Standard deviation for FIDELITY expresses the daily price volatility over a selected time horizon as a spread around the mean. High values indicate volatile instruments; low values indicate stable ones.
Standard Deviation
    
  0.37  
For FIDELITY CAPITAL investors, the distinction between upside and downside risk matters. Standard deviation measures total volatility including favorable moves, while downside deviation and semi-deviation isolate the loss risk in FIDELITY CAPITAL's daily returns. Fidelity Capital Income posted a Downside Deviation of 0.46, a Downside Variance of 0.21, and a Maximum Drawdown of 1.92 for the reported period.

Mutual Fund Volatility Analysis

Volatility describes the degree to which FIDELITY CAPITAL mutual fund price fluctuates in either direction. Highly volatile mutual funds like FIDELITY CAPITAL can offer significant profit opportunities, but also come with heightened risk.
Transformation
This analysis covers sixty-one data points across the selected time horizon. Fidelity Capital Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Projected Return Density Against Market

Assuming a 90-day horizon FIDELITY CAPITAL has a beta of 0.3328 . This usually indicates as returns on the market go up, FIDELITY CAPITAL's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Fidelity Capital Income is expected to be smaller as well.
Systematic risk links FIDELITY CAPITAL to overall mutual fund market cycles, while unsystematic risk stems from company or sector-specific developments. Diversification addresses the latter, but macro sensitivity persists. Beta measures relative responsiveness. Fidelity Capital Income posted a Downside Deviation of 0.46, a Mean Deviation of 0.29, and a Semi Deviation of 0.36 for the reported period.
Fidelity Capital Income has an alpha of 0.0252, implying that it can generate a 0.0252 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   Predicted Return Density   
       Returns  
FIDELITY CAPITAL's volatility is measured either by using standard deviation or beta. Standard deviation reflects how much FIDELITY CAPITAL's price typically deviates from the mean over a given period.

What Drives FIDELITY CAPITAL's Price Volatility?

Several factors can influence FIDELITY CAPITAL's market volatility:

Industry Dynamics

Sector-level events can directly affect FIDELITY CAPITAL's price stability. Regulatory changes, supply disruptions, or shifts in demand within FIDELITY CAPITAL's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like FIDELITY CAPITAL.

Political and Economic Environment

Macroeconomic conditions and policy decisions shape the backdrop for FIDELITY CAPITAL's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward FIDELITY CAPITAL. During periods of economic expansion, FIDELITY CAPITAL's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.

FIDELITY CAPITAL's Company-Specific Factors

Volatility can also stem from events unique to FIDELITY CAPITAL. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in FIDELITY CAPITAL's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on FIDELITY CAPITAL's share price.

Mutual Fund Risk Measures

Assuming a 90-day horizon the coefficient of variation of FIDELITY CAPITAL is 1485.03. The daily returns are distributed with a variance of 0.14 and standard deviation of 0.37. The mean deviation of Fidelity Capital Income is currently at 0.29. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0.33
σ
Overall volatility
0.37
Ir
Information ratio 0.15

Mutual Fund Return Volatility

FIDELITY CAPITAL historical daily return volatility represents how much of FIDELITY CAPITAL fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.3707% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.7886% on return distribution over a 90-day investment horizon.
 Performance 
       Timeline  

Related Correlations Analysis


Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FDEEXFDIVX
FLTMXFADMX
FDEEXFADMX
FADMXFDIVX
FLTMXTRMCX
FLTMXFDIVX
  

High negative correlations

FLTMXVFH
VFHFADMX
TRMCXVFH
FDEEXVFH
VFHFDIVX
DODBXVFH

Risk-Adjusted Indicators

There is a big difference between FIDELITY Mutual Fund performing well and FIDELITY CAPITAL Mutual Fund doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare FIDELITY CAPITAL's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Risk Metrics, Assumptions & Methodology

Volatility for FIDELITY CAPITAL reflects NAV dispersion and exposure stability across disclosure periods. Range expansion increases sensitivity to market stress conditions.

Inputs for Fidelity Capital Income come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag. Volatility and downside metrics are estimated from historical return dispersion.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors
Last reviewed on March 10th, 2026

FIDELITY CAPITAL Investment Opportunity

Recent data suggests that Dow Jones Industrial is meaningfully more volatile than Fidelity Capital Income, by roughly a 2.14x factor. Investors usually compare this volatility gap with trend durability and valuation before deciding which name better fits the mandate.You can use Fidelity Capital Income to enhance the returns of your portfolios. This short-horizon strategy note focuses on what the latest move may imply for immediate trading context. It works best as a directional cue rather than as a standalone forecast. a moderate upward volatility. Check odds of FIDELITY CAPITAL to be traded at $12.03 in 90 days.
Very weak diversification
Across the chosen horizon, FAGIX and DJI show a correlation of 0.55 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

FIDELITY CAPITAL Additional Risk Indicators

Looking at additional risk metrics for Fidelity Capital Income helps investors judge how the position may behave under different market and portfolio conditions. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.

FIDELITY CAPITAL Suggested Diversification Pairs

Using FIDELITY CAPITAL in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. This framework is most useful when investors want to hedge directional moves caused by sector headlines or broad market pressure.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against FIDELITY CAPITAL as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. FIDELITY CAPITAL's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, FIDELITY CAPITAL's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Fidelity Capital Income.