Fidelity Europe Financials
FHJUX Fund | USD 35.77 0.22 0.62% |
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 Europe Fund Summary
Fidelity Europe competes with Baird Small/mid, Ab Small, Fisher Investments, Touchstone Small, and Kinetics Small. The fund normally invests at least 80 percent of assets in securities of European issuers and other investments that are tied economically to Europe. It normally invests primarily in common stocks and allocates investment across different European countries. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.Specialization | Europe Stock, Large Growth |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Fidelity Investment Trust |
Mutual Fund Family | Fidelity Investments |
Mutual Fund Category | Europe Stock |
Benchmark | Dow Jones Industrial |
Phone | 877 208 0098 |
Currency | USD - US Dollar |
Fidelity Europe Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Europe's current stock value. Our valuation model uses many indicators to compare Fidelity Europe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Europe competition to find correlations between indicators driving Fidelity Europe's intrinsic value. More Info.Fidelity Europe Fund is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Europe Fund is roughly 8.30 . 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 Europe's earnings, one of the primary drivers of an investment's value.Fidelity Europe Systematic Risk
Fidelity Europe's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Europe 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Fidelity Europe correlated with the market. If Beta is less than 0 Fidelity Europe generally moves in the opposite direction as compared to the market. If Fidelity Europe Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Europe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Europe is generally in the same direction as the market. If Beta > 1 Fidelity Europe moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Europe November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Europe help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Europe Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Europe Fund 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 Europe's daily price indicators and compare them against related drivers.
Information Ratio | (0.30) | |||
Maximum Drawdown | 4.17 | |||
Value At Risk | (1.57) | |||
Potential Upside | 1.11 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Europe 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 Europe security.
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