Fidelity Nordic Valuation

FNORX Fund  USD 63.45  0.45  0.71%   
At this time, the entity appears to be fairly valued. Fidelity Nordic shows a prevailing Real Value of $64.4 per share. The current price of the fund is $63.45. We determine the value of Fidelity Nordic 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
63.45
Please note that Fidelity Nordic's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fidelity Nordic shows a prevailing Real Value of $64.4 per share. The current price of the fund is $63.45. We determine the value of Fidelity Nordic 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 Nordic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Nordic'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  63.45 Real  64.4 Hype  63.45 Naive  64.08
The intrinsic value of Fidelity Nordic'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 Nordic'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.
64.40
Real Value
65.30
Upside
Estimating the potential upside or downside of Fidelity Nordic Fund 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 Nordic more accurately as focusing exclusively on Fidelity Nordic's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
61.7763.0964.41
Details
Hype
Prediction
LowEstimatedHigh
62.5563.4564.35
Details
Naive
Forecast
LowNext ValueHigh
63.1964.0864.98
Details

Fidelity Nordic Total Value Analysis

Fidelity Nordic Fund is currently projected 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 Nordic fundamentals before making investing decisions based on enterprise value of the company

Fidelity Nordic 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 Nordic Valuation

Our relative valuation model uses a comparative analysis of Fidelity Nordic. We calculate exposure to Fidelity Nordic's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity Nordic's related companies.
The fund normally invests at least 80 percent of assets in securities of Danish, Finnish, Norwegian, and Swedish issuers and other investments that are tied economically to the Nordic region. It normally invests primarily in common stocks and allocates investments across different Nordic countries. The fund invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Nordic market. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Nordic 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 Nordic security.
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