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FEQAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$13.57
Change
-$0.04 (-0.29%)
Net Assets
319.29M

FEQAX Fidelity Advisor Hedged Equity Fund A Forecast, Technical & Fundamental Analysis

Category Unknown
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), JPMorgan Chase & Co (NYSE:JPM).

Industry description

The investment seeks capital appreciation. The fund normally invests at least 80% of its assets in equity securities. It invests in common stocks of companies with market capitalizations generally similar to companies in the S&P 500® Index. The fund invests in “growth” stocks or “value” stocks or both. The adviser uses a disciplined approach designed to construct an equity portfolio with similar risk-return characteristics to the S&P 500® Index.

Market Cap

The average market capitalization across the Fidelity Advisor Hedged Equity Fund A MF is 1.89T. The market cap for tickers in the group ranges from 573.02B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is JPM at 573.02B.

Volume

The average weekly volume growth across all stocks in the Fidelity Advisor Hedged Equity Fund A MF was 33%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was -36%

Fundamental Analysis Ratings

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

Valuation Rating: 82
P/E Growth Rating: 55
Price Growth Rating: 22
SMR Rating: 29
Profit Risk Rating: 10
Seasonality Score: 1 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Equity Hedged
Address
Fidelity Greenwood Street Trust
Phone
N/A
Web
N/A
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FEQAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FEQAX has been closely correlated with GATEX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEQAX jumps, then GATEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FEQAX
1D Price
Change %
FEQAX100%
N/A
GATEX - FEQAX
93%
Closely correlated
-0.21%
JHTGX - FEQAX
89%
Closely correlated
-0.15%
JHTAX - FEQAX
89%
Closely correlated
-0.15%
JHDCX - FEQAX
81%
Closely correlated
-0.05%
JHQAX - FEQAX
34%
Loosely correlated
-0.03%
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