Fidelity Global Ex Fund Fundamentals
FSGGX Fund | USD 15.21 0.12 0.80% |
Fidelity Global Ex fundamentals help investors to digest information that contributes to Fidelity Global's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Global'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 Global mutual fund.
Fidelity |
Fidelity Global Ex Mutual Fund Price To Sales Analysis
Fidelity Global's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Fidelity Global Price To Sales | 1.08 X |
Most of Fidelity Global's fundamental indicators, such as Price To Sales, 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 Global Ex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Fidelity Global Ex has a Price To Sales of 1.08 times. This is 20.0% higher than that of the Fidelity Investments family and significantly higher than that of the Foreign Large Blend category. The price to sales for all United States funds is notably lower than that of the firm.
Fidelity Global Ex Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Global's current stock value. Our valuation model uses many indicators to compare Fidelity Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Global competition to find correlations between indicators driving Fidelity Global's intrinsic value. More Info.Fidelity Global Ex is rated # 2 fund in price to earning among similar funds. It is rated # 4 fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Global Ex is roughly 10.49 . 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 Global's earnings, one of the primary drivers of an investment's value.Fidelity Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Global's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity Global could also be used in its relative valuation, which is a method of valuing Fidelity Global by comparing valuation metrics of similar companies.Fidelity Global is currently under evaluation in price to sales among similar funds.
Fund Asset Allocation for Fidelity Global
The fund consists of 98.13% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Fidelity Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
Price To Earning | 15.21 X | |||
Price To Book | 1.45 X | |||
Price To Sales | 1.08 X | |||
Annual Yield | 0.03 % | |||
Year To Date Return | 8.03 % | |||
One Year Return | 13.56 % | |||
Three Year Return | 2.66 % | |||
Five Year Return | 5.51 % | |||
Net Asset | 9.09 B | |||
Last Dividend Paid | 0.25 | |||
Cash Position Weight | 1.79 % | |||
Equity Positions Weight | 98.13 % |
About Fidelity Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Global Ex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Global Ex based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.The fund invests at least 80 percent of assets in securities included in the MSCI ACWI ex USA Index and in depositary receipts representing securities included in the index. The advisor uses statistical sampling techniques based on such factors as capitalization, industry exposures, dividend yield, priceearnings ratio, pricebook ratio, earnings growth, country weightings, and the effect of foreign taxes to attempt to replicate the returns of the MSCI ACWI ex USA Index.
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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.Other Information on Investing in Fidelity Mutual Fund
Fidelity Global 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 Global security.
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