Fidelity Contrafund Financials

FCNTX Fund  USD 19.00  0.05  0.26%   
You can exercise fundamental analysis to find out if Fidelity Contrafund is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for sixteen available fundamental indicators for Fidelity Contrafund, which can be compared to its rivals. Use Fidelity Contrafund price to book, one year return, as well as the relationship between the One Year Return and equity positions weight to make sure your decision on pricing Fidelity Contrafund is adequate. The fund experiences a normal upward fluctuation. Check odds of Fidelity Contrafund to be traded at $19.95 in 90 days.
With this module, you can analyze Fidelity financials for your investing period. You should be able to track the changes in Fidelity Contrafund individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Fidelity Contrafund Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fidelity Contrafund's financial statements are interrelated, with each one affecting the others. For example, an increase in Fidelity Contrafund's assets may result in an increase in income on the income statement.
Evaluating Fidelity Contrafund's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Fidelity Contrafund's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Fidelity Contrafund's relative financial performance

Chance Of Distress

Less than 30

 
100  
 
Zero
Below Average
Fidelity Contrafund has less than 30 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Fidelity Contrafund mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
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The data published in Fidelity Contrafund's official financial statements usually reflect Fidelity Contrafund's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Fidelity Contrafund. For example, before you start analyzing numbers published by Fidelity accountants, it's critical to develop an understanding of what Fidelity Contrafund's liquidity, profitability, and earnings quality are in the context of the Fidelity Investments space in which it operates.
Please note that past performance is not an indicator of the future performance of Fidelity Contrafund, 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 Contrafund Company Summary

Fidelity Contrafund competes with Fidelity New, Fidelity New, Fidelity Advisor, Fidelity New, and Fidelity Advisor. The fund normally invests primarily in common stocks. It invests in securities of companies whose value the advisor believes is not fully recognized by the public. The fund invests in domestic and foreign issuers. It invests in either growth stocks or value stocks or both. The advisor 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
Large Growth, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS3160711095
Business AddressFidelity Contrafund
Mutual Fund FamilyFidelity Investments
Mutual Fund CategoryLarge Growth
BenchmarkNYSE Composite
Phone800 544 8544
CurrencyUSD - US Dollar

Fidelity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Contrafund's current stock value. Our valuation model uses many indicators to compare Fidelity Contrafund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Contrafund competition to find correlations between indicators driving Fidelity Contrafund's intrinsic value. More Info.
Fidelity Contrafund is one of the top funds in net asset among similar funds. It is one of the top funds in three year return among similar funds . The ratio of Net Asset to Three Year Return for Fidelity Contrafund is about  8,264,288,724 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Contrafund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Contrafund'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 Contrafund's earnings, one of the primary drivers of an investment's value.

Fidelity Contrafund Systematic Risk

Fidelity Contrafund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Contrafund 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 Contrafund correlated with the market. If Beta is less than 0 Fidelity Contrafund generally moves in the opposite direction as compared to the market. If Fidelity Contrafund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Contrafund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Contrafund is generally in the same direction as the market. If Beta > 1 Fidelity Contrafund moves generally in the same direction as, but more than the movement of the benchmark.

About Fidelity Contrafund Financials

What exactly are Fidelity Contrafund Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Fidelity Contrafund's income statement, its balance sheet, and the statement of cash flows. Potential Fidelity Contrafund investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fidelity Contrafund investors may use each financial statement separately, they are all related. The changes in Fidelity Contrafund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Contrafund's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Fidelity Contrafund Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Fidelity Contrafund is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Fidelity has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Fidelity Contrafund's financials are consistent with your investment objective using the following steps:
  • Review Fidelity Contrafund's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Fidelity Contrafund's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Fidelity Contrafund's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Fidelity Contrafund's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed. Fidelity Contrafund is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Large Growth category is currently estimated at about 141.1 Billion. Fidelity Contrafund totals roughly 107.89 Billion in net asset claiming about 76% of funds under Large Growth category.

Fidelity Contrafund March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fidelity Contrafund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Contrafund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Contrafund 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 Contrafund's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Contrafund. 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 estimate.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Fidelity Contrafund's price analysis, check to measure Fidelity Contrafund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Contrafund is operating at the current time. Most of Fidelity Contrafund's value examination focuses on studying past and present price action to predict the probability of Fidelity Contrafund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Contrafund's price. Additionally, you may evaluate how the addition of Fidelity Contrafund to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity Contrafund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Contrafund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Contrafund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.