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FAPSX
Mutual Fund ticker: NASDAQ
AS OF
Feb 3 closing price
Price
$11.57
Change
+$0.47 (+4.23%)
Net Assets
15.68M

FAPSX Fidelity Risk Parity Forecast, Technical & Fundamental Analysis

The investment seeks total return... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Industry description

The investment seeks total return. Using quantitative analysis to balance the fund’s risk across four risk factors: growth (risk of reduced earnings expectations and increased default risk), inflation (risk of rising consumer inflation), real rates (risk of rising real interest rates), and liquidity (risk of reduced liquidity). The fund invests in underlying funds, derivatives, cash and cash equivalents.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Tactical Allocation
Address
Fidelity Greenwood Street Trust
Phone
N/A
Web
N/A
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FAPSX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FAPSX has been closely correlated with PATRX. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if FAPSX jumps, then PATRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FAPSX
1D Price
Change %
FAPSX100%
N/A
PATRX - FAPSX
83%
Closely correlated
+0.78%
PAANX - FAPSX
83%
Closely correlated
+0.68%
PASCX - FAPSX
82%
Closely correlated
+0.69%
PAALX - FAPSX
82%
Closely correlated
+0.76%
PASAX - FAPSX
82%
Closely correlated
+0.77%
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