Fidelity Absolute Income Fund Quote
| FCAB Fund | 25.08 0.02 0.08% |
PerformanceStrong
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Fidelity Absolute is selling at 25.08 as of the 20th of July 2025; that is 0.08 percent increase since the beginning of the trading day. The fund's open price was 25.06. Fidelity Absolute has hardly any chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. The performance scores are derived for the period starting the 21st of April 2025 and ending today, the 20th of July 2025. Click here to learn more.
Fidelity Absolute Income Risk Profiles
Although Fidelity Absolute's alpha and beta are two of the key measurements used to evaluate Fidelity Absolute's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1239 | |||
| Standard Deviation | 0.1701 | |||
| Variance | 0.0289 | |||
| Downside Variance | 0.0191 |
Fidelity Absolute Against Markets
Fidelity Absolute Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Absolute fund to make a market-neutral strategy. Peer analysis of Fidelity Absolute could also be used in its relative valuation, which is a method of valuing Fidelity Absolute by comparing valuation metrics with similar companies.
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