Technology Portfolio Financials
| FSPTX Fund | USD 38.41 0.06 0.16% |
Technology |
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.
Technology Portfolio Fund Summary
Technology Portfolio competes with Fidelity Select, Software And, Computers Portfolio, Health Care, and Biotechnology Portfolio. The fund primarily invests in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.Specialization | Technology, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3163902022 |
| Business Address | Fidelity Select Portfolios |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Technology |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Technology Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Technology Portfolio's current stock value. Our valuation model uses many indicators to compare Technology Portfolio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Technology Portfolio competition to find correlations between indicators driving Technology Portfolio's intrinsic value. More Info.Technology Portfolio Technology is rated # 4 fund in price to earning among similar funds. It also is rated # 4 fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Technology Portfolio Technology is roughly 7.48 . 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 Technology Portfolio's earnings, one of the primary drivers of an investment's value.Technology Portfolio Systematic Risk
Technology Portfolio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Technology Portfolio 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 Technology Portfolio correlated with the market. If Beta is less than 0 Technology Portfolio generally moves in the opposite direction as compared to the market. If Technology Portfolio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Technology Portfolio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Technology Portfolio is generally in the same direction as the market. If Beta > 1 Technology Portfolio moves generally in the same direction as, but more than the movement of the benchmark.
Technology Portfolio Thematic Clasifications
Technology Portfolio Technology is part of Tech Growth investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Large and mid-sized technology companies, funds, and technology-based ETFs that are considered growing. Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently
This theme covers Large and mid-sized technology companies, funds, and technology-based ETFs that are considered growing. Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. Get More Thematic Ideas
Technology Portfolio Technology is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Technology category is currently estimated at about 46.83 Billion. Technology Portfolio totals roughly 11.47 Billion in net asset claiming about 24% of funds listed under Technology category.| Tech Growth | View |
Technology Portfolio November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Technology Portfolio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Technology Portfolio Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Technology Portfolio Technology based on widely used predictive technical indicators. In general, we focus on analyzing Technology Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Technology Portfolio's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0106 | |||
| Maximum Drawdown | 7.16 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.16 |
Other Information on Investing in Technology Mutual Fund
Technology Portfolio financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Portfolio security.
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