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FCBIX Fidelity Advisor Corporate Bond I Forecast, Technical & Fundamental Analysis

The investment seeks a high level of current income... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income. The fund normally invests at least 80% of assets in corporate bonds and other corporate debt securities and repurchase agreements for those securities. It normally invests primarily in investment-grade corporate debt securities and repurchase agreements for those securities. The fund manager manages the fund to have similar overall interest rate risk to the Bloomberg U.S. Credit Bond Index. It invests in domestic and foreign issuers.
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A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Details
Category
Corporate Bond
Address
Fidelity Fixed Income Trust82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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FCBIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FCBIX has been closely correlated with MFBHX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if FCBIX jumps, then MFBHX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FCBIX
1D Price
Change %
FCBIX100%
-0.38%
MFBHX - FCBIX
99%
Closely correlated
-0.32%
PBDAX - FCBIX
98%
Closely correlated
-0.44%
PCNNX - FCBIX
96%
Closely correlated
-0.44%
VFICX - FCBIX
96%
Closely correlated
-0.46%
VFIDX - FCBIX
96%
Closely correlated
-0.46%
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Fidelity Advisor Corporate Bond I (FCBIX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com