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FEDAX
Mutual Fund ticker: NASDAQ
AS OF
Jan 30 closing price
Price
$20.68
Change
-$0.16 (-0.77%)
Net Assets
1.22B

FEDAX Fidelity Advisor Emerg Mkts Discv A Forecast, Technical & Fundamental Analysis

The investment seeks capital appreciation... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks capital appreciation. The fund invests at least 80% of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.

Volume

The average weekly volume growth across all stocks in the Fidelity Advisor Emerg Mkts Discv A MF was -4%. For the same stocks of the MF, the average monthly volume growth was -12% and the average quarterly volume growth was -33%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 51
Price Growth Rating: 45
SMR Rating: 49
Profit Risk Rating: 67
Seasonality Score: 21 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Fidelity Investment Trust82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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Origin Materials

FEDAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FEDAX has been closely correlated with VEMRX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEDAX jumps, then VEMRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FEDAX
1D Price
Change %
FEDAX100%
N/A
VEMRX - FEDAX
89%
Closely correlated
-0.45%
RNWBX - FEDAX
86%
Closely correlated
-0.13%
VEMIX - FEDAX
85%
Closely correlated
-0.44%
FWWNX - FEDAX
85%
Closely correlated
-0.13%
VEMAX - FEDAX
85%
Closely correlated
-0.46%
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