Fidelity New Valuation

FMILX Fund  USD 61.80  0.40  0.65%   
At this time, the entity appears to be fairly valued. Fidelity New Millennium shows a prevailing Real Value of $61.77 per share. The current price of the fund is $61.8. We determine the value of Fidelity New Millennium 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
61.80
Please note that Fidelity New's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity New Millennium shows a prevailing Real Value of $61.77 per share. The current price of the fund is $61.8. We determine the value of Fidelity New Millennium 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 New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity New'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  61.8 Real  61.77 Hype  61.8 Naive  60.04
The intrinsic value of Fidelity New'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 New'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.
61.77
Real Value
62.77
Upside
Estimating the potential upside or downside of Fidelity New Millennium 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 New more accurately as focusing exclusively on Fidelity New's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
58.8761.2063.52
Details
Hype
Prediction
LowEstimatedHigh
60.8061.8062.80
Details
Naive
Forecast
LowNext ValueHigh
59.0460.0461.04
Details

Fidelity New Total Value Analysis

Fidelity New Millennium is currently expected 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 New fundamentals before making investing decisions based on enterprise value of the company

Fidelity New 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 February.

About Fidelity New Valuation

Our relative valuation model uses a comparative analysis of Fidelity New. We calculate exposure to Fidelity New's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity New's related companies.
The advisor identifies early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies. Fidelity New is traded on NASDAQ Exchange in the United States.

Other Information on Investing in Fidelity Mutual Fund

Fidelity New 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 New security.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.