Fidelity Puritan Fund Buy Hold or Sell Recommendation

FPURX Fund  USD 25.47  0.01  0.04%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Fidelity Puritan Fund is 'Buy'. Macroaxis provides Fidelity Puritan buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FPURX positions. The advice algorithm takes into account all of Fidelity Puritan's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Fidelity Puritan's buy or sell advice are summarized below:
Real Value
25.65
Hype Value
25.45
Market Value
25.47
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fidelity Puritan Fund given historical horizon and risk tolerance towards Fidelity Puritan. When Macroaxis issues a 'buy' or 'sell' recommendation for Fidelity Puritan Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Fidelity Puritan Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Fidelity and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Fidelity Puritan Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Fidelity Puritan Buy or Sell Advice

The Fidelity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fidelity Puritan Fund. Macroaxis does not own or have any residual interests in Fidelity Puritan Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fidelity Puritan's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Fidelity PuritanBuy Fidelity Puritan
Buy

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Fidelity Puritan Fund has a Risk Adjusted Performance of 0.1412, Jensen Alpha of 0.0319, Total Risk Alpha of 0.0071, Sortino Ratio of 0.0192 and Treynor Ratio of 0.1629
Our investment recommendation module complements current analysts and expert consensus on Fidelity Puritan. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. Use Fidelity Puritan Fund price to book, one year return, as well as the relationship between the One Year Return and cash position weight to ensure your buy or sell decision on Fidelity Puritan Fund is adequate.

Fidelity Puritan Trading Alerts and Improvement Suggestions

Latest headline from news.google.com: Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio - Yahoo Finance
The fund retains about 26.47% of its assets under management (AUM) in fixed income securities

Fidelity Puritan Returns Distribution Density

The distribution of Fidelity Puritan's historical returns is an attempt to chart the uncertainty of Fidelity Puritan's future price movements. The chart of the probability distribution of Fidelity Puritan daily returns describes the distribution of returns around its average expected value. We use Fidelity Puritan Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fidelity Puritan returns is essential to provide solid investment advice for Fidelity Puritan.
Mean Return
0.14
Value At Risk
-0.67
Potential Upside
1.05
Standard Deviation
0.57
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fidelity Puritan historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Fidelity Puritan Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fidelity Puritan or Fidelity Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fidelity Puritan's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fidelity fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.03
β
Beta against NYSE Composite0.82
σ
Overall volatility
0.58
Ir
Information ratio 0.02

Fidelity Puritan Volatility Alert

Fidelity Puritan Fund exhibits very low volatility with skewness of 0.22 and kurtosis of 0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fidelity Puritan's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fidelity Puritan's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Fidelity Puritan Fundamentals Vs Peers

Comparing Fidelity Puritan's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fidelity Puritan's direct or indirect competition across all of the common fundamentals between Fidelity Puritan and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fidelity Puritan or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Fidelity Puritan's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fidelity Puritan by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Fidelity Puritan to competition
FundamentalsFidelity PuritanPeer Average
Price To Earning21.01 X6.53 X
Price To Book2.71 X0.74 X
Price To Sales2.67 X0.61 X
Annual Yield0.02 %0.29 %
Year To Date Return9.23 %0.39 %
One Year Return27.52 %4.15 %
Three Year Return7.40 %3.60 %
Five Year Return11.72 %3.24 %
Ten Year Return9.92 %1.79 %
Net Asset27.84 B4.11 B
Last Dividend Paid0.050.65
Cash Position Weight3.84 %10.61 %
Equity Positions Weight67.55 %63.90 %
Bond Positions Weight26.47 %11.24 %

Fidelity Puritan Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fidelity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Fidelity Puritan Buy or Sell Advice

When is the right time to buy or sell Fidelity Puritan Fund? Buying financial instruments such as Fidelity Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Fidelity Puritan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Funds Theme or any other thematic opportunities.
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Check out Fidelity Puritan Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between Fidelity Puritan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Puritan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Puritan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.