Fidelity Latin Financials
FLFIX Fund | USD 16.66 0.00 0.00% |
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 Latin Fund Summary
Fidelity Latin competes with Fidelity Emerging, Fidelity Canada, Fidelity Emerging, Fidelity China, and Fidelity Nordic. The fund normally invests at least 80 percent of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Latin American market. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.Specialization | Latin America Stock, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Fidelity Investment Trust |
Mutual Fund Family | Fidelity Investments |
Mutual Fund Category | Latin America Stock |
Benchmark | Dow Jones Industrial |
Phone | 877 208 0098 |
Currency | USD - US Dollar |
Fidelity Latin Key Financial Ratios
Fidelity Latin's financial ratios allow both analysts and investors to convert raw data from Fidelity Latin's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity Latin 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 Latin's current stock value. Our valuation model uses many indicators to compare Fidelity Latin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Latin competition to find correlations between indicators driving Fidelity Latin's intrinsic value. More Info.Fidelity Latin America 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 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Latin America is roughly 6.72 . 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 Latin's earnings, one of the primary drivers of an investment's value.Fidelity Latin America Systematic Risk
Fidelity Latin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Latin 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Fidelity Latin America correlated with the market. If Beta is less than 0 Fidelity Latin generally moves in the opposite direction as compared to the market. If Fidelity Latin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Latin America is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Latin is generally in the same direction as the market. If Beta > 1 Fidelity Latin moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Latin October 8, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Latin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Latin America. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Latin America 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 Latin's daily price indicators and compare them against related drivers.
Information Ratio | (0.11) | |||
Maximum Drawdown | 4.8 | |||
Value At Risk | (1.95) | |||
Potential Upside | 1.64 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Latin 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 Latin security.
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