FLAPX Fidelity Flex Mid Cap Index Forecast, Technical & Fundamental Analysis

Category MidCapBlend

A.I.Advisor

published Highlights

Notable companies

The most notable companies in this group are Marvell Technology (NASDAQ:MRVL), CrowdStrike Holdings (NASDAQ:CRWD), Phillips 66 (NYSE:PSX).

Industry description

The investment seeks to provide investment results that correspond to the total return of stocks of mid-capitalization United States companies. The fund normally invests at least 80% of its assets in securities included in the Russell Midcap® Index, which is a market capitalization-weighted index of medium-capitalization U.S. company stocks.

Market Cap

The average market capitalization across the Fidelity Flex Mid Cap Index MF is 76.16B. The market cap for tickers in the group ranges from 63.9B to 97.13B. MRVL holds the highest valuation in this group at 97.13B. The lowest valued company is APO at 63.9B.

Volume

The average weekly volume growth across all stocks in the Fidelity Flex Mid Cap Index MF was 103%. For the same stocks of the MF, the average monthly volume growth was 88% and the average quarterly volume growth was 34%

Fundamental Analysis Ratings

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

Valuation Rating: 67

P/E Growth Rating: 40

Price Growth Rating: 39

SMR Rating: 47

Profit Risk Rating: 14

Seasonality Score: 0 (-100 ... +100)

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A.I. Advisor

published General Information

General Information

Category MidCapBlend

Profile

Fundamentals

Details

	1 Day
MRNPX	29.94	0.02	+0.07%
Morgan Stanley Inst International Opp IR
HLMIX	26.91	N/A	N/A
Harding Loevner International Eq Instl
INKDX	20.40	N/A	N/A
Pioneer Disciplined Growth K
STPAX	21.49	-0.09	-0.42%
Saratoga Technology & Comm A
EIFVX	20.36	-0.14	-0.68%
Eaton Vance Focused Value Opps I

FLAPX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FLAPX has been closely correlated with FSMDX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLAPX jumps, then FSMDX could also see price increases.

Ticker / NAME	Correlation To FLAPX	1D Price Change %
FLAPX	100%	-0.86%
FSMDX - FLAPX	100% Closely correlated	-0.86%
FSMAX - FLAPX	97% Closely correlated	-1.16%
VIMAX - FLAPX	95% Closely correlated	-0.84%
VMCIX - FLAPX	95% Closely correlated	-0.83%
VMCPX - FLAPX	94% Closely correlated	-0.84%
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