Fidelity Asset Manager Fund Volatility
| FCASX Fund | USD 29.86 -0.18 -0.60% |
Across the designated horizon, Fidelity Asset Manager continues to post a very low volatility profile. It exhibits a Sharpe Ratio (Efficiency) of 0.0177, reflecting healthy reward-to-volatility behavior over the last 3 months. 27 technical indicators currently contribute to the broader risk narrative.
Sharpe Ratio = 0.0177
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FCASX |
Fidelity Asset Manager (FCASX) recorded a Risk of 0.64, a Total Risk Alpha of 0.03, and a Value At Risk of -1.14. Monthly data indicates FIDELITY ASSET is positioned around 1% of its historical movement range. In a well-diversified portfolio, overall dispersion would reflect cross-asset dynamics.
Key indicators related to FIDELITY ASSET's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
FIDELITY ASSET's beta measures how much FIDELITY ASSET's price moves relative to the broad market. Combined with total volatility, beta helps investors understand whether FIDELITY ASSET's risk is primarily market-driven or company-specific.
FIDELITY |
Volatility Strategy
Volatility in Fidelity Asset Manager contributes to allocation risk depending on correlation. Current statistical measures show total volatility near 0.64% with a beta coefficient of 0.63, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0177, evaluates return per unit of total risk. An alpha value of 0.0221 reflects performance relative to systematic market exposure. Expected return estimates near 0.0114% 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 0.63 | Alpha 0.0221 | Risk 0.64 | Sharpe Ratio 0.0177 | Expected Return 0.0114 |
Moving together with FIDELITY Mutual Fund
| 0.89 | IFAFX | Income Fund | PairCorr |
| 0.89 | IFACX | Income Fund | PairCorr |
| 0.89 | AMECX | Income Fund | PairCorr |
| 0.82 | FFIFX | American Funds | PairCorr |
| 0.82 | FAIFX | American Funds | PairCorr |
| 0.82 | RIDBX | Income Fund | PairCorr |
| 0.82 | CIMEX | Income Fund | PairCorr |
| 0.88 | RIDFX | Income Fund | PairCorr |
| 0.82 | CIMCX | Income Fund | PairCorr |
| 0.89 | CIMFX | Income Fund | PairCorr |
| 0.7 | XDSMX | Dreyfus Strategic | PairCorr |
| 0.68 | XNXJX | Nuveen New Jersey | PairCorr |
| 0.72 | XNBHX | Neuberger Berman | PairCorr |
| 0.9 | TAISX | TIAA Cref Intl | PairCorr |
| 0.73 | BA | Boeing | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.67 | JNJ | Johnson Johnson | PairCorr |
Sensitivity To Market
Fidelity Asset Manager relative market sensitivity is quantified by its beta value of 0.63. This regression-derived coefficient reflects systematic risk. Total return variability is about 0.64%.This summary describes how Fidelity Asset Manager has moved rather than why it moved. Standard deviation is near 0.64% and downside deviation is near 0.71%. 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 of FIDELITY is a key measure of price volatility, reflecting the average daily deviation from the mean over the selected time period. High standard deviation means higher volatility; low standard deviation means stability.
Standard Deviation | 0.64 |
For investors in FIDELITY ASSET, understanding the difference between standard deviation and downside deviation is important. Standard deviation measures total volatility; downside deviation measures only the loss risk in FIDELITY ASSET's returns. Fidelity Asset Manager (FCASX) recorded a Downside Deviation of 0.71, a Downside Variance of 0.51, and a Maximum Drawdown of 3.46.
Mutual Fund Volatility Analysis
Analyzing FIDELITY ASSET volatility is essential for any investor seeking to manage risk exposure effectively. Sharp swings in FIDELITY ASSET's mutual fund price during volatile periods can trigger margin calls or forced exits.
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 0.6252 . 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.FIDELITY ASSET remains sensitive to broader mutual fund market conditions in addition to company or sector-specific developments. Portfolio diversification mitigates only part of this exposure. Fidelity Asset Manager (FCASX) recorded a Downside Deviation of 0.71, a Mean Deviation of 0.49, and a Semi Deviation of 0.68.
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 5644.78. The daily returns are distributed with a variance of 0.41 and standard deviation of 0.64. The mean deviation of Fidelity Asset Manager is currently at 0.5. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | 0.06 |
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 0.6433% 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 |
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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. A thorough review of FIDELITY ASSET'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FAAIX | 0.50 | 0.03 | 0.06 | 0.00 | 0.67 | 0.84 | 3.48 | |||
| FEYAX | 0.59 | 0.03 | 0.05 | 0.00 | 0.80 | 1.00 | 4.14 | |||
| JGRO | 0.75 | -0.12 | 0.00 | -0.20 | 0.00 | 1.02 | 4.34 | |||
| SPYD | 0.58 | 0.13 | 0.26 | 0.19 | 0.42 | 1.38 | 3.30 | |||
| FCAGX | 1.02 | -0.01 | 0.00 | -0.05 | 0.00 | 1.68 | 6.96 | |||
| FIDGX | 0.99 | 0.02 | 0.00 | -0.03 | 0.00 | 1.66 | 6.93 | |||
| FCTGX | 1.02 | -0.01 | 0.00 | -0.05 | 0.00 | 1.66 | 6.93 | |||
| BUFR | 0.29 | 0.00 | 0.00 | -0.04 | 0.00 | 0.56 | 1.87 | |||
| SHYG | 0.11 | -0.01 | 0.00 | -0.09 | 0.00 | 0.26 | 0.95 | |||
| SSO | 1.09 | -0.05 | 0.00 | -0.08 | 0.00 | 1.76 | 6.97 |
Risk Metrics, Assumptions & Methodology
Volatility for FIDELITY ASSET reflects NAV dispersion and exposure stability across disclosure periods. Return variability informs risk budgeting and diversification impact.
The analytics block for Fidelity Asset Manager relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardFIDELITY ASSET Investment Opportunity
Fidelity Asset Manager currently shows materially lower return volatility than Dow Jones Industrial, with a relative multiple of about 1.23. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Fidelity Asset Manager to protect your portfolios against small market fluctuations. This price-change note interprets the latest move in the context of short-horizon trading behavior. It is most useful when combined with broader risk controls and position-sizing discipline. a moderate downward daily trend and can be a good diversifier. Check odds of FIDELITY ASSET to be traded at $29.26 in 90 days.Poor diversification
FCASX currently posts a 0.74 correlation with DJI, indicating a Poor diversification relationship for the active sample. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
FIDELITY ASSET Additional Risk Indicators
Secondary risk indicators for Fidelity Asset Manager can help investors evaluate exposure beyond standard deviation, beta, or one headline volatility measure. A disciplined risk review helps investors decide whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | 0.0026 | |||
| Market Risk Adjusted Performance | 5.0E-4 | |||
| Mean Deviation | 0.4946 | |||
| Semi Deviation | 0.676 | |||
| Downside Deviation | 0.7133 | |||
| Coefficient Of Variation | 15795.75 | |||
| Standard Deviation | 0.6369 |
FIDELITY ASSET Suggested Diversification Pairs
Pair analysis around Fidelity Asset Manager matters because it can turn one security idea into a more market-neutral structure. 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.