Fidelity Asset Financials
| FTCWX Fund | USD 12.99 0.02 0.15% |
Fidelity |
Please note that past performance is not an indicator of the future performance of Fidelity Asset, 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 Asset Fund Summary
Fidelity Asset competes with HUMANA, Thrivent High, Morningstar Unconstrained, High Yield, and Via Renewables. The fund allocates its assets among three main asset classes the stock class , the bond class , and the short-termmoney market class .Specialization | Allocation--15% to 30% Equity, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Fidelity Charles Street |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Allocation--15% to 30% Equity |
| Benchmark | NYSE Composite |
| Phone | 877 208 0098 |
| Currency | USD - US Dollar |
You should never invest in Fidelity Asset Manager 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 Asset'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 Asset Key Financial Ratios
Generally speaking, Fidelity Asset's financial ratios allow both analysts and investors to convert raw data from Fidelity Asset's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity Asset 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 Asset Manager reports annually and quarterly.Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Asset's current stock value. Our valuation model uses many indicators to compare Fidelity Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Asset competition to find correlations between indicators driving Fidelity Asset's intrinsic value. More Info.Fidelity Asset Manager is rated # 4 fund in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Asset Manager is roughly 8.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Asset'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 Asset's earnings, one of the primary drivers of an investment's value.Fidelity Asset Manager Systematic Risk
Fidelity Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Asset 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Fidelity Asset Manager correlated with the market. If Beta is less than 0 Fidelity Asset generally moves in the opposite direction as compared to the market. If Fidelity Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Asset Manager is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Asset is generally in the same direction as the market. If Beta > 1 Fidelity Asset moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Asset April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Asset Manager. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Asset Manager 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 Asset's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 1.37 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3828 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Asset Manager. 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 housing. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.