Fidelity Salem Valuation

FQITX Fund  USD 12.60  0.10  0.80%   
At this time, the entity appears to be undervalued. Fidelity Salem Street shows a prevailing Real Value of $13.89 per share. The current price of the fund is $12.6. We determine the value of Fidelity Salem Street 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.
Undervalued
Today
12.60
Please note that Fidelity Salem's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Fidelity Salem Street shows a prevailing Real Value of $13.89 per share. The current price of the fund is $12.6. We determine the value of Fidelity Salem Street 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 Salem is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Salem'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  12.6 Real  13.89 Hype  12.6 Naive  12.42
The intrinsic value of Fidelity Salem'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 Salem'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.
13.89
Real Value
14.83
Upside
Estimating the potential upside or downside of Fidelity Salem Street 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 Salem more accurately as focusing exclusively on Fidelity Salem's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3612.5212.69
Details
Hype
Prediction
LowEstimatedHigh
11.6612.6013.54
Details
Naive
Forecast
LowNext ValueHigh
11.4812.4213.37
Details

About Fidelity Salem Valuation

Our relative valuation model uses a comparative analysis of Fidelity Salem. We calculate exposure to Fidelity Salem's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity Salem's related companies.
Normally investing at least 80 percent of assets in securities included in the Fidelity International Quality Focus Index and in depositary receipts representing securities included in the index. The Fidelity International Quality Focus Index is designed to reflect the performance of large and mid-cap developed international stocks that have attractive quality characteristics.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Salem 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 Salem security.
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