Fidelity Asset Manager Fund Price To Earning
FTIWX Fund | USD 13.89 0.04 0.29% |
Fidelity Asset Manager fundamentals help investors to digest information that contributes to Fidelity Asset'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 Asset'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 Asset mutual fund.
Fidelity |
Fidelity Asset Manager Mutual Fund Price To Earning Analysis
Fidelity Asset's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Fidelity Asset Price To Earning | 19.03 X |
Most of Fidelity Asset's fundamental indicators, such as Price To Earning, 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 Asset Manager is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, Fidelity Asset Manager has a Price To Earning of 19.03 times. This is 170.7% higher than that of the Fidelity Investments family and significantly higher than that of the Allocation--15% to 30% Equity category. The price to earning for all United States funds is notably lower than that of the firm.
Did you try this?
Run Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
All Next | Launch Module |
Fund Asset Allocation for Fidelity Asset
The fund invests 24.07% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (5.63%) , cash (20.87%) and various exotic instruments.Asset allocation divides Fidelity Asset'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 | 19.03 X | ||||
Price To Book | 2.15 X | ||||
Price To Sales | 1.68 X | ||||
Total Asset | 5.76 B | ||||
Annual Yield | 0.03 % | ||||
Year To Date Return | 6.04 % | ||||
One Year Return | 10.13 % | ||||
Three Year Return | 1.01 % | ||||
Five Year Return | 3.23 % | ||||
Ten Year Return | 4.55 % | ||||
Net Asset | 4.95 B | ||||
Last Dividend Paid | 0.02 | ||||
Cash Position Weight | 20.87 % | ||||
Equity Positions Weight | 24.07 % | ||||
Bond Positions Weight | 5.63 % |
About Fidelity Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Asset Manager's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Asset Manager 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.
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.Other Information on Investing in Fidelity Mutual Fund
Fidelity Asset 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 Asset security.
Global Correlations Find global opportunities by holding instruments from different markets | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Commodity Directory Find actively traded commodities issued by global exchanges |