Fidelity New Valuation
| FNYCX Fund | USD 12.52 0.04 0.32% |
At this time, the entity appears to be overvalued. Fidelity New York shows a prevailing Real Value of $11.99 per share. The current price of the fund is $12.52. We determine the value of Fidelity New York 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
Please note that Fidelity New's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity New York shows a prevailing Real Value of $11.99 per share. The current price of the fund is $12.52. We determine the value of Fidelity New York 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 12.52 | Real 11.99 | Hype 12.52 | Naive 12.51 |
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.
Estimating the potential upside or downside of Fidelity New York 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: Fidelity New Total Value Analysis
Fidelity New York 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 New fundamentals before making investing decisions based on enterprise value of the companyFidelity 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 November.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 fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal and New York State and City personal income taxes. It 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 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.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |