Fidelity Health Savings Fund Market Value
| FHLSX Fund | USD 10.73 0.03 0.28% |
| Symbol | Fidelity |
Fidelity Health 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Health's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Health.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Fidelity Health on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Health Savings or generate 0.0% return on investment in Fidelity Health over 90 days. Fidelity Health is related to or competes with Invesco Technology, Fidelity International, First Eagle, Franklin Lifesmart, and Invesco Energy. The fund is designed to assist investors in saving for future eligible medical expenses More
Fidelity Health Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Health's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Health Savings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3741 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 1.46 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.5976 |
Fidelity Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Health's standard deviation. In reality, there are many statistical measures that can use Fidelity Health historical prices to predict the future Fidelity Health's volatility.| Risk Adjusted Performance | 0.3862 | |||
| Jensen Alpha | 0.1105 | |||
| Total Risk Alpha | 0.0698 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (4.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fidelity Health Savings Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Health Savings secures Sharpe Ratio (or Efficiency) of 0.44, which denotes the fund had a 0.44 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidelity Health Savings, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Health's Mean Deviation of 0.1859, coefficient of variation of 227.03, and Standard Deviation of 0.2657 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of -0.0262, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Health are expected to decrease at a much lower rate. During the bear market, Fidelity Health is likely to outperform the market.
Auto-correlation | 0.88 |
Very good predictability
Fidelity Health Savings has very good predictability. Overlapping area represents the amount of predictability between Fidelity Health time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Health Savings price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Fidelity Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fidelity Health Savings lagged returns against current returns
Autocorrelation, which is Fidelity Health mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Health's mutual fund expected returns. We can calculate the autocorrelation of Fidelity Health returns to help us make a trade decision. For example, suppose you find that Fidelity Health has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fidelity Health regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Health mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Health mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Health mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Health Lagged Returns
When evaluating Fidelity Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Health mutual fund have on its future price. Fidelity Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Health autocorrelation shows the relationship between Fidelity Health mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Health Savings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Mutual Fund
Fidelity Health financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Health security.
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