Fidelity Asset Manager Fund Volatility
| FASIX Fund | USD 14.47 0.03 0.21% |
Recent trading patterns suggest Fidelity Asset Manager maintains a minimal volatility profile. It exhibits a Sharpe Ratio (Efficiency) of 0.1, showing reward per unit of risk over the last 3 months. 27 technical indicators currently contribute to the broader risk narrative.
Sharpe Ratio = 0.1003
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FASIX |
Fidelity Asset Manager's financial profile includes a Market Risk Adjusted Performance of 0.1%, a Risk of 0.25, and a Risk Adjusted Performance of 0.04%. Moving average data indicates FIDELITY ASSET is positioned near 7% of its recent return envelope. Risk-adjusted contribution varies depending on portfolio structure.
Key indicators related to FIDELITY ASSET's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Volatility analysis for FIDELITY ASSET draws on both historical price data and forward-looking implied volatility from the options market. Together these measures provide a comprehensive view of FIDELITY ASSET's risk profile.
FIDELITY |
Volatility Strategy
Observed trading dispersion in Fidelity Asset Manager can affect long-term allocation structure. Current statistical measures show total volatility near 0.25% with a beta coefficient of 0.22, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.1, evaluates return per unit of total risk. An alpha value of 0.0181 reflects performance relative to systematic market exposure. Expected return estimates near 0.0247% 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 ASSET's market risk premium analysis include:
Beta 0.22 | Alpha 0.0181 | Risk 0.25 | Sharpe Ratio 0.1 | Expected Return 0.0247 |
Moving together with FIDELITY Mutual Fund
| 0.95 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 0.88 | FPURX | Fidelity Puritan | PairCorr |
| 0.88 | FPUKX | Fidelity Puritan | PairCorr |
| 0.93 | FPXTX | Fidelity Pennsylvania | PairCorr |
| 0.98 | FQIFX | Fidelity Freedom Index | PairCorr |
| 0.94 | FQIPX | Fidelity Freedom Index | PairCorr |
| 0.94 | FRBDX | Fidelity Freedom 2070 | PairCorr |
| 0.97 | FRBEX | Fidelity Freedom 2070 | PairCorr |
| 0.92 | FRBJX | Fidelity Advisor Freedom | PairCorr |
| 0.95 | FRBLX | Fidelity Advisor Freedom | PairCorr |
| 0.93 | FRBNX | Fidelity Advisor Freedom | PairCorr |
| 0.93 | FRBOX | Fidelity Advisor Freedom | PairCorr |
| 0.93 | FRBPX | Fidelity Advisor Freedom | PairCorr |
| 0.93 | FRBQX | Fidelity Flex Freedom | PairCorr |
| 0.9 | FRBUX | Fidelity Freedom Index | PairCorr |
| 0.9 | FRBWX | Fidelity Freedom Index | PairCorr |
| 0.93 | FRBYX | Fidelity Freedom Blend | PairCorr |
| 0.9 | FRBZX | Fidelity Freedom Blend | PairCorr |
| 0.9 | FRAGX | Aggressive Growth | PairCorr |
| 1.0 | FRAMX | Fidelity Income | PairCorr |
| 0.96 | FRASX | Fidelity Income | PairCorr |
| 0.93 | FRCFX | Fidelity Freedom Blend | PairCorr |
| 0.93 | FRCHX | Fidelity Freedom Blend | PairCorr |
| 0.91 | FRCJX | Fidelity Freedom Blend | PairCorr |
| 0.9 | FRCNX | Fidelity Freedom Blend | PairCorr |
| 0.89 | FRCQX | Fidelity Sustainable | PairCorr |
| 0.93 | FRCRX | Fidelity Sustainable | PairCorr |
| 0.93 | FRCVX | Fidelity Sustainable | PairCorr |
| 0.89 | FRCYX | Fidelity Sustainable | PairCorr |
| 0.86 | FRDEX | Fidelity Sustainable | PairCorr |
Sensitivity To Market
FIDELITY ASSET systematic risk exposure is reflected in a beta value of 0.22. Beta is derived from regression analysis comparing asset and benchmark returns. Measured volatility currently stands near 0.25%.Over the current lookback period, Fidelity Asset Manager shows a minimal volatility profile, using downside deviation (0.31%) as a primary reference. A fund’s downside behavior depends on what it holds and how correlated those holdings are in stressed markets.
3 Months Beta |Analyze Fidelity Asset Manager Demand TrendCheck current 90 days FIDELITY ASSET 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 | 0.25 |
For FIDELITY ASSET 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 ASSET's daily returns. Fidelity Asset Manager's financial profile includes a Downside Deviation of 0.31, a Downside Variance of 0.10, and a Maximum Drawdown of 1.24.
Mutual Fund Volatility Analysis
Volatility describes the degree to which FIDELITY ASSET mutual fund price fluctuates in either direction. Highly volatile mutual funds like FIDELITY ASSET 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 Asset Manager 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 ASSET has a beta of 0.2159 . This usually indicates as returns on the market go up, FIDELITY ASSET's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Fidelity Asset Manager is expected to be smaller as well.Systematic risk links FIDELITY ASSET 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 Asset Manager's financial profile includes a Downside Deviation of 0.31, a Mean Deviation of 0.18, and a Semi Deviation of 0.20.
Predicted Return Density |
| Returns |
What Drives FIDELITY ASSET's Price Volatility?
Several factors can influence FIDELITY ASSET's market volatility:Industry Dynamics
Sector-level events can directly affect FIDELITY ASSET's price stability. Regulatory changes, supply disruptions, or shifts in demand within FIDELITY ASSET'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 ASSET.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for FIDELITY ASSET's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward FIDELITY ASSET. During periods of economic expansion, FIDELITY ASSET's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.FIDELITY ASSET's Company-Specific Factors
Volatility can also stem from events unique to FIDELITY ASSET. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in FIDELITY ASSET's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on FIDELITY ASSET's share price.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of FIDELITY ASSET is 996.97. The daily returns are distributed with a variance of 0.06 and standard deviation of 0.25. The mean deviation of Fidelity Asset Manager is currently at 0.19. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.20 |
Mutual Fund Return Volatility
FIDELITY ASSET historical daily return volatility represents how much of FIDELITY ASSET fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.2459% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8012% 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
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Risk-Adjusted Indicators
There is a big difference between FIDELITY Mutual Fund performing well and FIDELITY ASSET Mutual Fund doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare FIDELITY ASSET'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BOND | 0.15 | 0.01 | 0.24 | 0.12 | 0.13 | 0.35 | 0.87 | |||
| BTC | 2.50 | -0.19 | 0.00 | -0.14 | 0.00 | 5.44 | 18.24 | |||
| FIFGX | 1.16 | 0.43 | 0.36 | -1.14 | 0.95 | 3.02 | 6.64 | |||
| QQQI | 0.67 | 0.00 | 0.00 | -0.04 | 0.00 | 1.24 | 3.82 | |||
| FFANX | 0.31 | 0.03 | 0.11 | 0.03 | 0.38 | 0.56 | 2.22 | |||
| FASMX | 0.38 | 0.03 | 0.10 | 0.03 | 0.50 | 0.64 | 2.63 | |||
| FFVFX | 0.27 | 0.03 | 0.13 | 0.05 | 0.35 | 0.50 | 1.85 | |||
| VCRB | 0.15 | 0.00 | 0.21 | -0.03 | 0.16 | 0.28 | 0.83 | |||
| FDCAX | 0.75 | 0.02 | 0.00 | -0.02 | 0.00 | 1.17 | 4.12 | |||
| EQPGX | 0.82 | -0.03 | 0.00 | -0.07 | 0.00 | 1.49 | 4.49 |
Risk Metrics, Assumptions & Methodology
Volatility for FIDELITY ASSET reflects NAV dispersion and exposure stability across disclosure periods. Range expansion increases sensitivity to market stress conditions.
Inputs for Fidelity Asset Manager 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 DirectorsFIDELITY ASSET Investment Opportunity
Dow Jones Industrial is about 3.2 times more volatile than Fidelity Asset Manager based on recent return behavior. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use Fidelity Asset Manager 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 normal upward fluctuation. Check odds of FIDELITY ASSET to be traded at $15.19 in 90 days.Very weak diversification
For the present investment horizon, the measured correlation between FASIX and DJI stands at 0.5, or Very weak diversification. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
FIDELITY ASSET Additional Risk Indicators
Looking at additional risk metrics for Fidelity Asset Manager helps investors judge how the position may behave under different market and portfolio conditions. A disciplined risk review helps investors decide whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | 0.0398 | |||
| Market Risk Adjusted Performance | 0.0529 | |||
| Mean Deviation | 0.185 | |||
| Semi Deviation | 0.2024 | |||
| Downside Deviation | 0.3091 | |||
| Coefficient Of Variation | 1273.11 | |||
| Standard Deviation | 0.2453 |
FIDELITY ASSET Suggested Diversification Pairs
A pair strategy built around Fidelity Asset Manager is useful when investors want to reduce directional market exposure while still expressing a relative-value idea. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
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 ASSET 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 ASSET'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 ASSET'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 Asset Manager.