Fidelity Connecticut Valuation

FICNX Fund  USD 11.01  0.02  0.18%   
At this time, the entity appears to be overvalued. Fidelity Connecticut shows a prevailing Real Value of $10.71 per share. The current price of the fund is $11.01. We determine the value of Fidelity Connecticut 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.
Overvalued
Today
11.01
Please note that Fidelity Connecticut's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Connecticut shows a prevailing Real Value of $10.71 per share. The current price of the fund is $11.01. We determine the value of Fidelity Connecticut 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 Connecticut is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Connecticut'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  11.01 Real  10.71 Hype  10.99 Naive  10.98
The intrinsic value of Fidelity Connecticut'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 Connecticut'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.
10.71
Real Value
12.09
Upside
Estimating the potential upside or downside of Fidelity Necticut 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 Connecticut more accurately as focusing exclusively on Fidelity Connecticut's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9410.9811.01
Details
Hype
Prediction
LowEstimatedHigh
10.7610.9911.22
Details
Naive
Forecast
LowNext ValueHigh
10.7510.9811.21
Details

Fidelity Connecticut Total Value Analysis

Fidelity Necticut Municipal is currently estimated 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 Connecticut fundamentals before making investing decisions based on enterprise value of the company

Fidelity Connecticut 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 November.

About Fidelity Connecticut Valuation

Our relative valuation model uses a comparative analysis of Fidelity Connecticut. We calculate exposure to Fidelity Connecticut's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity Connecticut's related companies.
The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal and Connecticut personal income taxes. The advisor allocates assets across different market sectors and maturities. The fund potentially invests more than 25 percent of total assets in municipal securities that finance similar types of projects. It is non-diversified.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Connecticut 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 Connecticut security.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital