Fidelity Municipal Financials
| FROGX Fund | USD 12.29 0.01 0.08% |
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 Municipal Fund Summary
Fidelity Municipal competes with Qs Us, Enhanced, Federated Mdt, Quantitative, and Morningstar Unconstrained. The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It allocates assets across different market sectors and maturities. Potentially the fund invests more than 25 percent of total assets in municipal securities that finance similar types of projects.Specialization | Muni National Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Fidelity Municipal Trust |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Muni National Long |
| Benchmark | Dow Jones Industrial |
| Phone | 877 208 0098 |
| Currency | USD - US Dollar |
Fidelity Municipal Key Financial Ratios
FIDELITY Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Municipal's current stock value. Our valuation model uses many indicators to compare Fidelity Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Municipal competition to find correlations between indicators driving Fidelity Municipal's intrinsic value. More Info.Fidelity Municipal Income is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 904.50 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 Municipal's earnings, one of the primary drivers of an investment's value.Fidelity Municipal Income Systematic Risk
Fidelity Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Municipal 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 Municipal Income correlated with the market. If Beta is less than 0 Fidelity Municipal generally moves in the opposite direction as compared to the market. If Fidelity Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Municipal Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Municipal is generally in the same direction as the market. If Beta > 1 Fidelity Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Municipal November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Municipal Income 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 Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3693 | |||
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.3268 |
Other Information on Investing in FIDELITY Mutual Fund
Fidelity Municipal 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 Municipal security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |