Fidelity Magellan Financials
| FMAGX Fund | USD 15.82 0.06 0.38% |
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 Magellan Fund Summary
Fidelity Magellan competes with Fidelity Growth, Fidelity Equity-income, Fidelity Contrafund, Fidelity Growth, and Fidelity Puritan. The fund invests in either growth stocks or value stocks or both. Fidelity Magellan is traded on NASDAQ Exchange in the United States.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3161841008 |
| Business Address | Fidelity Magellan |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Magellan's current stock value. Our valuation model uses many indicators to compare Fidelity Magellan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Magellan competition to find correlations between indicators driving Fidelity Magellan's intrinsic value. More Info.Fidelity Magellan 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 1.09 of Price To Book per Price To Earning. 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 Magellan's earnings, one of the primary drivers of an investment's value.Fidelity Magellan Systematic Risk
Fidelity Magellan's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Magellan 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Fidelity Magellan correlated with the market. If Beta is less than 0 Fidelity Magellan generally moves in the opposite direction as compared to the market. If Fidelity Magellan Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Magellan is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Magellan is generally in the same direction as the market. If Beta > 1 Fidelity Magellan moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Magellan January 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Magellan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Magellan Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Magellan 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 Magellan's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0226 | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.48 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Magellan 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 Magellan security.
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