Fidelity China Financials
| FHKAX Fund | USD 34.27 0.58 1.72% |
Fidelity |
Please note that past performance is not an indicator of the future performance of Fidelity China, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity China Fund Summary
Fidelity China competes with Fidelity China, Fidelity China, and Templeton China. The fund normally invests at least 80 percent of assets in securities of Hong Kong, Taiwanese, and Chinese issuers and other investments that are tied economically to the China region. It normally invests primarily in common stocks. The fund allocates investments across different China region countries. It invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Hong Kong, Taiwanese, and Chinese market. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.Specialization | China Region, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Fidelity Investment Trust |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | China Region |
| Benchmark | NYSE Composite |
| Phone | 877 208 0098 |
| Currency | USD - US Dollar |
You should never invest in Fidelity China Region without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Fidelity Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Fidelity China's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Fidelity China Key Financial Ratios
Generally speaking, Fidelity China's financial ratios allow both analysts and investors to convert raw data from Fidelity China's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity China over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fidelity China Region reports annually and quarterly.Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity China's current stock value. Our valuation model uses many indicators to compare Fidelity China value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity China competition to find correlations between indicators driving Fidelity China's intrinsic value. More Info.Fidelity China Region is rated # 2 fund in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity China Region is roughly 9.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity China by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity China's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity China's earnings, one of the primary drivers of an investment's value.Fidelity China Region Systematic Risk
Fidelity China's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity China volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Fidelity China Region correlated with the market. If Beta is less than 0 Fidelity China generally moves in the opposite direction as compared to the market. If Fidelity China Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity China Region is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity China is generally in the same direction as the market. If Beta > 1 Fidelity China moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity China April 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity China help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity China Region. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity China Region based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity China's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9913 | |||
| Information Ratio | 0.0855 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.72 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity China Region. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Fidelity China Region information on this page should be used as a complementary analysis to other Fidelity China's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.