Fidelity Contrafund Financial Statements From 2010 to 2024
FCNTX Fund | USD 21.81 0.02 0.09% |
Check Fidelity Contrafund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity Contrafund's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fidelity financial statements analysis is a perfect complement when working with Fidelity Contrafund Valuation or Volatility modules.
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Fidelity Contrafund Mutual Fund Price To Sales Analysis
Fidelity Contrafund's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Fidelity Contrafund Price To Sales | 2.89 X |
Most of Fidelity Contrafund's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Contrafund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Fidelity Contrafund Price To Sales Component Assessment
Based on the latest financial disclosure, Fidelity Contrafund has a Price To Sales of 2.89 times. This is 221.11% higher than that of the Fidelity Investments family and 9.89% higher than that of the Large Growth category. The price to sales for all United States funds is notably lower than that of the firm.
Fidelity Contrafund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Contrafund's current stock value. Our valuation model uses many indicators to compare Fidelity Contrafund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Contrafund competition to find correlations between indicators driving Fidelity Contrafund's intrinsic value. More Info.Fidelity Contrafund is rated # 4 fund in price to earning among similar funds. It also is rated # 4 fund in price to book among similar funds fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Contrafund is roughly 6.34 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity Contrafund's earnings, one of the primary drivers of an investment's value.About Fidelity Contrafund Financial Statements
Fidelity Contrafund investors use historical fundamental indicators, such as Fidelity Contrafund's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fidelity Contrafund. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests primarily in common stocks. It invests in securities of companies whose value the advisor believes is not fully recognized by the public. The fund invests in domestic and foreign issuers. It invests in either growth stocks or value stocks or both. The advisor uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Mutual Fund
Fidelity Contrafund financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Contrafund security.
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