Fidelity Nasdaq Financials
| FNCMX Fund | USD 244.34 1.52 0.63% |
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 Nasdaq Fund Summary
Fidelity Nasdaq competes with Fidelity 500, Fidelity Total, Retailing Portfolio, Software And, and Medical Equipment. The fund normally invests at least 80 percent of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, priceearnings ratio, pricebook ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire index. The advisor lends securities to earn income for the fund.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3159127097 |
| Business Address | Fidelity Concord Street |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Nasdaq Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Nasdaq's current stock value. Our valuation model uses many indicators to compare Fidelity Nasdaq value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Nasdaq competition to find correlations between indicators driving Fidelity Nasdaq's intrinsic value. More Info.Fidelity Nasdaq Posite 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 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Nasdaq Posite is roughly 6.25 . 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 Nasdaq's earnings, one of the primary drivers of an investment's value.Fidelity Nasdaq Posite Systematic Risk
Fidelity Nasdaq's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Nasdaq 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Fidelity Nasdaq Posite correlated with the market. If Beta is less than 0 Fidelity Nasdaq generally moves in the opposite direction as compared to the market. If Fidelity Nasdaq Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Nasdaq Posite is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Nasdaq is generally in the same direction as the market. If Beta > 1 Fidelity Nasdaq moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Nasdaq November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Nasdaq help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Nasdaq Posite. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Nasdaq Posite 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 Nasdaq's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.35 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.51 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Nasdaq 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 Nasdaq security.
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