Is Fidelity Select IT Services a Strong Mutual Fund Pick ... - Nasdaq
FBSOX Fund | USD 69.64 0.01 0.01% |
Slightly above 55% of It Services' investor base is interested to short. The analysis of overall sentiment of trading It Services Portfolio mutual fund suggests that many investors are impartial at this time. It Services' investing sentiment can be driven by a variety of factors including economic data, It Services' earnings reports, geopolitical events, and overall market trends.
FBSOX |
Is Fidelity Select IT Services a Strong Mutual Fund Pick ... Nasdaq
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It Services Fundamental Analysis
We analyze It Services' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of It Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of It Services 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.
Price To Book
Price To Book Comparative Analysis
It Services is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
It Services Portfolio Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with It Services mutual fund to make a market-neutral strategy. Peer analysis of It Services could also be used in its relative valuation, which is a method of valuing It Services by comparing valuation metrics with similar companies.
Peers
It Services Related Equities
FSRPX | Retailing Portfolio | 0.55 | ||||
FSCHX | Chemicals Portfolio | 0.45 | ||||
FDLSX | Leisure Portfolio | 0.44 | ||||
FSCSX | Software And | 0.20 | ||||
FBMPX | Multimedia Portfolio | 0.11 |
Other Information on Investing in FBSOX Mutual Fund
It Services financial ratios help investors to determine whether FBSOX 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 FBSOX with respect to the benefits of owning It Services security.
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