Fidelity Europe Fund Fundamentals
| FHJVX Fund | USD 37.70 0.42 1.13% |
Fidelity Europe Fund fundamentals help investors to digest information that contributes to Fidelity Europe's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Europe's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Europe mutual fund.
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Fidelity Europe Fund Mutual Fund Price To Sales Analysis
Fidelity Europe's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Fidelity Europe Price To Sales | 1.64 X |
Most of Fidelity Europe's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Europe Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Fidelity Europe Fund has a Price To Sales of 1.64 times. This is 82.22% higher than that of the Fidelity Investments family and significantly higher than that of the Europe Stock category. The price to sales for all United States funds is notably lower than that of the firm.
Fidelity Europe Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Europe's current stock value. Our valuation model uses many indicators to compare Fidelity Europe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Europe competition to find correlations between indicators driving Fidelity Europe's intrinsic value. More Info.Fidelity Europe Fund is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Europe Fund is roughly 7.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Europe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Europe'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.Did you try this?
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Fund Asset Allocation for Fidelity Europe
The fund invests 99.26% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.55%) and various exotic instruments (0.19%).Asset allocation divides Fidelity Europe's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Price To Earning | 17.57 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 1.64 X | |||
| Total Asset | 653.48 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 9.43 % | |||
| One Year Return | 16.51 % | |||
| Three Year Return | (2.38) % | //window.location = "/error404.html"; |