Fidelity Flex Municipal Fund Analysis
FUENX Fund | USD 9.94 0.02 0.20% |
Fidelity Flex Municipal is fairly valued with Real Value of 9.91 and Hype Value of 9.92. The main objective of Fidelity Flex fund analysis is to determine its intrinsic value, which is an estimate of what Fidelity Flex Municipal is worth, separate from its market price. There are two main types of Fidelity Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Fidelity Flex Municipal. On the other hand, technical analysis, focuses on the price and volume data of Fidelity Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Fidelity Flex mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Fidelity Mutual Fund Analysis Notes
The fund retains about 99.56% of assets under management (AUM) in fixed income securities. Fidelity Flex Municipal last dividend was 0.01 per share. Large To learn more about Fidelity Flex Municipal call the company at 800-835-5092.Fidelity Flex Municipal Investment Alerts
The fund retains about 99.56% of its assets under management (AUM) in fixed income securities |
Technical Drivers
As of the 1st of December, Fidelity Flex shows the Mean Deviation of 0.1286, downside deviation of 0.4111, and Coefficient Of Variation of 1273.48. Fidelity Flex Municipal technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.Fidelity Flex Municipal Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Fidelity Flex middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Fidelity Flex Municipal. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Fidelity Flex Predictive Daily Indicators
Fidelity Flex intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Fidelity Flex mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 9.94 | |||
Day Typical Price | 9.94 | |||
Price Action Indicator | 0.01 | |||
Period Momentum Indicator | 0.02 | |||
Relative Strength Index | 52.77 |
Fidelity Flex Forecast Models
Fidelity Flex's time-series forecasting models are one of many Fidelity Flex's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fidelity Flex's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Fidelity Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Fidelity Flex prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fidelity shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Fidelity Flex. By using and applying Fidelity Mutual Fund analysis, traders can create a robust methodology for identifying Fidelity entry and exit points for their positions.
The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal income tax. The advisor manages the fund to have similar overall interest rate risk to the Bloomberg Municipal Bond Index. The fund allocates assets across different market sectors and maturities. It potentially invests more than 25 percent of total assets in municipal securities that finance similar types of projects.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Fidelity Flex to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Fidelity Mutual Fund
Fidelity Flex 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 Flex security.
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