Fidelity Select Semiconductors Fund Manager Performance Evaluation
| FSELX Fund | USD 30.83 0.28 0.92% |
The fund shows a Beta (market volatility) of -0.0045, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Select are expected to decrease at a much lower rate. During the bear market, Fidelity Select is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Select Semiconductors are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Fidelity Select may actually be approaching a critical reversion point that can send shares even higher in June 2024.
...more1 | Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio - Zacks Investment Research | 04/16/2024 |
2 | 3 Fidelity Mutual Funds to Buy for Stellar Returns - Yahoo Lifestyle UK | 05/07/2024 |
| Expense Ratio Date | 29th of April 2023 | |
| Expense Ratio | 0.6500 |
Fidelity |
Fidelity Select Relative Risk vs. Return Landscape
If you would invest 2,816 in Fidelity Select Semiconductors on February 11, 2024 and sell it today you would earn a total of 267.00 from holding Fidelity Select Semiconductors or generate 9.48% return on investment over 90 days. Fidelity Select Semiconductors is currently producing 0.1678% returns and takes up 2.2094% volatility of returns over 90 trading days. Put another way, 19% of traded mutual funds are less volatile than Fidelity, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Select Current Valuation
Overvalued
Today
Please note that Fidelity Select's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Select Semi shows a prevailing Real Value of $28.09 per share. The current price of the fund is $30.83. We determine the value of Fidelity Select Semi from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Fidelity Select Semiconductors is useful when determining the fair value of the Fidelity mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Fidelity Select. Since Fidelity Select is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Select's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 30.83 | Real 28.09 | Hype 30.8 |
The real value of Fidelity Mutual Fund, also known as its intrinsic value, is the underlying worth of Fidelity Select Semi Mutual Fund, which is reflected in its stock price. It is based on Fidelity Select's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Fidelity Select's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Select's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Select Semiconductors helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Select more accurately as focusing exclusively on Fidelity Select's fundamentals will not take into account other important factors: Fidelity Select Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Select's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Select Semiconductors, and traders can use it to determine the average amount a Fidelity Select's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.076
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FSELX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fidelity Select is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Select by adding it to a well-diversified portfolio.
Fidelity Select Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Select, and Fidelity Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Mutual Fund performance.
| Price To Earning | 20.95 X | |||
| Price To Book | 2.94 X | |||
| Price To Sales | 1.59 X | |||
About Fidelity Select Performance
To evaluate Fidelity Select Semi Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fidelity Select generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fidelity Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fidelity Select Semi market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fidelity's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests primarily in common stocks. It invests at least 80 percent of its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.Things to note about Fidelity Select Semi performance evaluation
Checking the ongoing alerts about Fidelity Select for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Select Semi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: 3 Fidelity Mutual Funds to Buy for Stellar Returns - Yahoo Lifestyle UK | |
| The fund retains 97.94% of its assets under management (AUM) in equities |
- Analyzing Fidelity Select's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Select's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Select's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity Select's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Select's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Select's mutual fund. These opinions can provide insight into Fidelity Select's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Select Semiconductors. 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 bureau of economic analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.