Fidelity New Financial Statements From 2010 to 2024
FGVMX Fund | USD 12.75 0.01 0.08% |
Check Fidelity New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity New'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 New Valuation or Volatility modules.
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Fidelity New Markets Mutual Fund One Year Return Analysis
Fidelity New's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Fidelity New One Year Return | 16.50 % |
Most of Fidelity New's fundamental indicators, such as One Year Return, 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 New Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Fidelity New Markets has an One Year Return of 16.4991%. This is 344.72% higher than that of the Fidelity Investments family and significantly higher than that of the Emerging Markets Bond category. The one year return for all United States funds is notably lower than that of the firm.
Fidelity New Markets Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity New's current stock value. Our valuation model uses many indicators to compare Fidelity New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity New competition to find correlations between indicators driving Fidelity New's intrinsic value. More Info.Fidelity New Markets is rated below average in annual yield among similar funds. It is rated # 2 fund in year to date return among similar funds creating about 154.68 of Year To Date Return per Annual Yield. 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 New's earnings, one of the primary drivers of an investment's value.About Fidelity New Financial Statements
Fidelity New investors use historical fundamental indicators, such as Fidelity New'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 New. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.
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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 New 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 New security.
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