Medical Equipment Financials
| FSMEX Fund | USD 68.91 0.27 0.39% |
Medical |
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.
Medical Equipment Fund Summary
Medical Equipment competes with Vanguard Energy, Vanguard Dividend, Vanguard Wellington, Vanguard Capital, and Vanguard Primecap. The fund normally invests at least 80 percent of its assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.Specialization | Health, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3163904754 |
| Business Address | Fidelity Select Portfolios |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Health |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Medical Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Medical Equipment's current stock value. Our valuation model uses many indicators to compare Medical Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Medical Equipment competition to find correlations between indicators driving Medical Equipment's intrinsic value. More Info.Medical Equipment And 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Medical Equipment And is roughly 11.61 . 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 Medical Equipment's earnings, one of the primary drivers of an investment's value.Medical Equipment And Systematic Risk
Medical Equipment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Medical Equipment 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Medical Equipment And correlated with the market. If Beta is less than 0 Medical Equipment generally moves in the opposite direction as compared to the market. If Medical Equipment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Medical Equipment And is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Medical Equipment is generally in the same direction as the market. If Beta > 1 Medical Equipment moves generally in the same direction as, but more than the movement of the benchmark.
Medical Equipment November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Medical Equipment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Medical Equipment And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Medical Equipment And based on widely used predictive technical indicators. In general, we focus on analyzing Medical Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Medical Equipment's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8544 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.28 |
Other Information on Investing in Medical Mutual Fund
Medical Equipment financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Equipment security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |