Fidelity Freedom Financials
| FZTKX Fund | USD 13.00 0.14 1.09% |
Fidelity |
Please note that past performance is not an indicator of the future performance of Fidelity Freedom, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity Freedom Fund Summary
Fidelity Freedom competes with Vanguard Target, American Funds, American Funds, Fidelity Freedom, and Fidelity Freedom. The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Income Fund, approximately 10 to 19 years after the year 2050.Specialization | Target-Date 2050, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Fidelity Aberdeen Street |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Target-Date 2050 |
| Benchmark | NYSE Composite |
| Phone | 800 835 5092 |
| Currency | USD - US Dollar |
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Freedom's current stock value. Our valuation model uses many indicators to compare Fidelity Freedom value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Freedom competition to find correlations between indicators driving Fidelity Freedom's intrinsic value. More Info.Fidelity Freedom 2050 is rated # 3 fund in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 390.41 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Freedom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Freedom's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity Freedom's earnings, one of the primary drivers of an investment's value.Fidelity Freedom 2050 Systematic Risk
Fidelity Freedom's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Freedom volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Fidelity Freedom 2050 correlated with the market. If Beta is less than 0 Fidelity Freedom generally moves in the opposite direction as compared to the market. If Fidelity Freedom Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Freedom 2050 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Freedom is generally in the same direction as the market. If Beta > 1 Fidelity Freedom moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Freedom May 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Freedom help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Freedom 2050. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Freedom 2050 based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Freedom's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6893 | |||
| Information Ratio | 0.0159 | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.15 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Freedom 2050. 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 industry. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.