Fidelity Municipal Trust Fund Net Asset
| FPTXXDelisted Fund | USD 1.00 0.00 0.00% |
Fidelity Municipal Trust fundamentals help investors to digest information that contributes to Fidelity Municipal's financial success or failures. It also enables traders to predict the movement of Fidelity Money Market Fund. The fundamental analysis module provides a way to measure Fidelity Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Municipal money market fund.
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Fidelity Municipal Trust Money Market Fund Net Asset Analysis
Fidelity Municipal's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Fidelity Municipal Net Asset | 699.74 M |
Most of Fidelity Municipal's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Municipal Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Based on the recorded statements, Fidelity Municipal Trust has a Net Asset of 699.74 M. This is much higher than that of the family and significantly higher than that of the Net Asset category. The net asset for all United States funds is notably lower than that of the firm.
Fidelity Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Municipal's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the money market funds which would be a good addition to a portfolio. Peer analysis of Fidelity Municipal could also be used in its relative valuation, which is a method of valuing Fidelity Municipal by comparing valuation metrics of similar companies.Fidelity Municipal is currently under evaluation in net asset among similar funds.
Fidelity Fundamentals
| Total Asset | 699.74 M | |||
| Net Asset | 699.74 M |
About Fidelity Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Municipal Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Municipal Trust based on its fundamental data. In general, a quantitative approach, as applied to this money market fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any money market fund could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Fidelity Money Market Fund
If you are still planning to invest in Fidelity Municipal Trust check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fidelity Municipal's history and understand the potential risks before investing.
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