Fidelity Connecticut Financials
| FICNX Fund | USD 11.08 0.01 0.09% |
Fidelity |
Please note that you must use caution to infer results of funds 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 Connecticut Fund Summary
Fidelity Connecticut competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, and Fidelity Freedom. The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal and Connecticut personal income taxes. The advisor 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.Specialization | Muni Single State Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3160891012 |
| Business Address | Fidelity Court Street |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Muni Single State Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Connecticut Key Financial Ratios
Fidelity Connecticut's financial ratios allow both analysts and investors to convert raw data from Fidelity Connecticut's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity Connecticut over time and compare it to other companies across industries.Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Connecticut's current stock value. Our valuation model uses many indicators to compare Fidelity Connecticut value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Connecticut competition to find correlations between indicators driving Fidelity Connecticut's intrinsic value. More Info.Fidelity Necticut Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 349.75 of Year To Date Return per Annual Yield. 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 Connecticut's earnings, one of the primary drivers of an investment's value.Fidelity Connecticut Systematic Risk
Fidelity Connecticut's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Connecticut 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 Connecticut correlated with the market. If Beta is less than 0 Fidelity Connecticut generally moves in the opposite direction as compared to the market. If Fidelity Connecticut Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Connecticut is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Connecticut is generally in the same direction as the market. If Beta > 1 Fidelity Connecticut moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Connecticut September 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Connecticut help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Necticut Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Necticut Municipal 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 Connecticut's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2706 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.273 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Connecticut 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 Connecticut security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |