Fidelity New Financials
FGVMX Fund | USD 12.81 0.07 0.55% |
Fidelity |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity New Fund Summary
Fidelity New competes with Fidelity New, Fidelity New, HUMANA, and Barloworld. 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.Specialization | Emerging Markets Bond, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Fidelity Summer Street |
Mutual Fund Family | Fidelity Investments |
Mutual Fund Category | Emerging Markets Bond |
Benchmark | Dow Jones Industrial |
Phone | 877 208 0098 |
Currency | USD - US Dollar |
Fidelity Financial Ratios 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 below average in year to date return among similar funds creating about 135.05 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.Fidelity New Markets Systematic Risk
Fidelity New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Fidelity New Markets correlated with the market. If Beta is less than 0 Fidelity New generally moves in the opposite direction as compared to the market. If Fidelity New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity New Markets is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity New is generally in the same direction as the market. If Beta > 1 Fidelity New moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity New November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity New Markets. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity New Markets based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity New's daily price indicators and compare them against related drivers.
Downside Deviation | 0.2993 | |||
Information Ratio | (0.43) | |||
Maximum Drawdown | 1.57 | |||
Value At Risk | (0.47) | |||
Potential Upside | 0.3912 |
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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