Fidelity Municipal Five Year Return vs. Bond Positions Weight
| FCHPXDelisted Fund | USD 10.09 0.00 0.00% |
For Fidelity Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity Municipal Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity Municipal Income over time as well as its relative position and ranking within its peers.
Fidelity |
Fidelity Municipal Income Bond Positions Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Municipal's current stock value. Our valuation model uses many indicators to compare Fidelity Municipal value to that of its competitors to determine the firm's financial worth. Fidelity Municipal Income is one of the top funds in five year return among similar funds. It also is one of the top funds in bond positions weight among similar funds creating about 0.13 of Bond Positions Weight per Five Year Return. The ratio of Five Year Return to Bond Positions Weight for Fidelity Municipal Income is roughly 7.72 . 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 Municipal's earnings, one of the primary drivers of an investment's value.Fidelity Bond Positions Weight vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Fidelity Municipal |
| = | 2.78 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Fidelity Municipal |
| = | 0.36 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Fidelity Bond Positions Weight Comparison
Fidelity Municipal is currently under evaluation in bond positions weight among similar funds.
Fidelity Municipal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity Municipal's change in net profit over the period of time. It can combine multiple indicators of Fidelity Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal income tax . Fidelity Municipal is traded on NASDAQ Exchange in the United States.
Fidelity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fidelity Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fidelity Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fidelity Municipal's important profitability drivers and their relationship over time.
| Five Year Return vs One Year Return | ||
| Three Year Return vs Bond Positions Weight | ||
| Five Year Return vs Net Asset | ||
| Last Dividend Paid vs Bond Positions Weight | ||
| Five Year Return vs Cash Position Weight |
Use Fidelity Municipal in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity Municipal will appreciate offsetting losses from the drop in the long position's value.Fidelity Municipal Pair Trading
Fidelity Municipal Income Pair Trading Analysis
The ability to find closely correlated positions to Fidelity Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity Municipal Income to buy it.
The correlation of Fidelity Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity Municipal Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Fidelity Municipal position
In addition to having Fidelity Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Moderate Funds Thematic Idea Now
Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Fidelity Mutual Fund
If you are still planning to invest in Fidelity Municipal Income 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.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| 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 | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |