Fidelity Freedom Related Correlations

FJTKX Fund  USD 13.01  0.08  0.62%   
Generate correlation matrix for Fidelity Freedom and other related equities to check the degree to which Fidelity Freedom 2045 price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Fidelity Freedom 2045. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Freedom 2045. 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.
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Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Freedom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom'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.

Correlations

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Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Freedom Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fidelity Freedom's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
STFGX  0.48  0.02  0.02  0.14  0.29 
 1.10 
 2.82 
FGWMX  0.27 (0.01)(0.28) 0.09  0.23 
 0.58 
 1.48 
FGVMX  0.27 (0.01)(0.27) 0.10  0.23 
 0.66 
 1.56 
FYMIX  0.39 (0.01)(0.07) 0.11  0.26 
 0.91 
 2.31 
FGYMX  0.27 (0.01)(0.28) 0.08  0.24 
 0.58 
 1.56 
FYMMX  0.40 (0.01)(0.08) 0.11  0.24 
 0.91 
 2.21 
FYMRX  0.39 (0.01)(0.07) 0.11  0.26 
 0.91 
 2.31 
FPTKX  0.28 (0.03)(0.20) 0.08  0.26 
 0.63 
 1.80 
FGZMX  0.27 (0.01)(0.27) 0.09  0.23 
 0.58 
 1.48 
FYLSX  0.45  0.00 (0.01) 0.12  0.33 
 1.05 
 2.68