Fidelity Fundamental is trading at 47.20 as of the 20th of January 2025, a 0.90 percent increase since the beginning of the trading day. The etf's open price was 46.78. Fidelity Fundamental has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Fidelity Fundamental symbol was changed from FMIL on 26th of February 2024. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 20th of January 2025. Click here to learn more.
Fidelity Fundamental Large [FFLC] is traded in USA and was established null. Fidelity Fundamental Large was previously known as Fidelity New Millennium and was traded on BATS Exchange under the symbol FMIL. The fund is listed under Large Blend. The entity is thematically classified as Size And Style ETFs. Fidelity Fundamental currently have in assets under management (AUM). , while the total return for the last 3 years was 16.7%.
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Geographic Allocation (%)
Fidelity Fundamental Currency Exposure
Fidelity Fundamental Large holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Fundamental will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Fundamental Large.
Fidelity Fundamental Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Fundamental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Fidelity Fundamental offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fidelity Fundamental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fidelity Fundamental Large Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fidelity Fundamental Large Etf:
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The market value of Fidelity Fundamental is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Fundamental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Fundamental's market value can be influenced by many factors that don't directly affect Fidelity Fundamental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Fundamental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.