Fidelity California Valuation

FCMAX Fund  USD 12.20  0.01  0.08%   
At this time, the entity appears to be fairly valued. Fidelity California shows a prevailing Real Value of $12.22 per share. The current price of the fund is $12.2. We determine the value of Fidelity California from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Fairly Valued
Today
12.20
Please note that Fidelity California's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity California shows a prevailing Real Value of $12.22 per share. The current price of the fund is $12.2. We determine the value of Fidelity California from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity California's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  12.2 Real  12.22 Hype  12.21
The intrinsic value of Fidelity California's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity California's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
12.22
Real Value
12.52
Upside
Estimating the potential upside or downside of Fidelity California Municipal helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity California more accurately as focusing exclusively on Fidelity California's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
11.9112.2112.51
Details

Fidelity California Total Value Analysis

Fidelity California Municipal is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Fidelity California fundamentals before making investing decisions based on enterprise value of the company

Fidelity California Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Fidelity suggests not a very effective usage of assets in January.

About Fidelity California Valuation

Our relative valuation model uses a comparative analysis of Fidelity California. We calculate exposure to Fidelity California's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity California's related companies.

Other Information on Investing in Fidelity Mutual Fund

Fidelity California 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 California security.
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