Fidelity Tax-Free Bond Fund Q2 2024 Review - Seeking Alpha
FMAGX Fund | USD 14.93 0.08 0.54% |
Slightly above 53% of Fidelity Magellan's investor base is interested to short. The analysis of overall sentiment of trading Fidelity Magellan Fund mutual fund suggests that many investors are impartial at this time. Fidelity Magellan's investing sentiment can be driven by a variety of factors including economic data, Fidelity Magellan's earnings reports, geopolitical events, and overall market trends.
Fidelity |
Fidelity Tax-Free Bond Fund Q2 2024 Review Seeking Alpha
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Fidelity Magellan Fundamental Analysis
We analyze Fidelity Magellan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Magellan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Magellan 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.
Equity Positions Weight
Equity Positions Weight Comparative Analysis
Fidelity Magellan is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Fidelity Magellan 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 Fidelity Magellan mutual fund to make a market-neutral strategy. Peer analysis of Fidelity Magellan could also be used in its relative valuation, which is a method of valuing Fidelity Magellan by comparing valuation metrics with similar companies.
Peers
Fidelity Magellan Related Equities
FEQIX | Fidelity Equity-income | 0.90 | ||||
FDGRX | Fidelity Growth | 0.72 | ||||
FGRIX | Fidelity Growth | 0.62 | ||||
FCNTX | Fidelity Contrafund | 0.60 | ||||
FPURX | Fidelity Puritan | 0.49 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Magellan 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 Magellan security.
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Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |