Fidelity Canada Valuation
| FTCNX Fund | USD 65.18 0.37 0.57% |
Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Fidelity Canada prevailing Real Value cannot be determined due to lack of data. The current price of Fidelity Canada is $65.18. We determine the value of Fidelity Canada from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Undervalued
Today
Please note that Fidelity Canada's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Fidelity Canada prevailing Real Value cannot be determined due to lack of data. The current price of Fidelity Canada is $65.18. We determine the value of Fidelity Canada from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Fidelity Canada Fund is useful when determining the fair value of the Fidelity mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Fidelity Canada. Since Fidelity Canada is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Canada's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 65.18 | Real 0.0 | Hype 0.0 | Naive 64.51 |
The real value of Fidelity Mutual Fund, also known as its intrinsic value, is the underlying worth of Fidelity Canada Mutual Fund, which is reflected in its stock price. It is based on Fidelity Canada's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Fidelity Canada's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Canada's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Canada Fund helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Canada more accurately as focusing exclusively on Fidelity Canada's fundamentals will not take into account other important factors: Fidelity Canada Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Canada's current stock value. Our valuation model uses many indicators to compare Fidelity Canada value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Canada competition to find correlations between indicators driving Fidelity Canada's intrinsic value. More Info.Fidelity Canada Fund is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Canada Fund is roughly 9.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Canada by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Canada'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 Canada's earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Fidelity Canada's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Fidelity Canada and how it compares across the competition.
About Fidelity Canada Valuation
The fund valuation mechanism determines the current worth of Fidelity Canada Fund on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Fidelity Canada Fund. In general, an absolute valuation paradigm, as applied to this mutual fund, attempts to find the value of Fidelity Canada based exclusively on its fundamental and basic technical indicators. By analyzing Fidelity Canada's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Fidelity Canada's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Canada. We calculate exposure to Fidelity Canada's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fidelity Canada's related companies.The fund normally invests at least 80 percent of assets in securities of Canadian issuers and other investments that are tied economically to Canada. Fidelity Advisor is traded on NASDAQ Exchange in the United States.
8 Steps to conduct Fidelity Canada's Valuation Analysis
Mutual Fund's valuation is the process of determining the worth of any mutual fund in monetary terms. It estimates Fidelity Canada's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of mutual fund valuation is a single number representing a Mutual Fund's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Fidelity Canada's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Fidelity Canada's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Fidelity Canada's revenue streams: Identify Fidelity Canada's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Fidelity Canada's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Fidelity Canada's growth potential: Evaluate Fidelity Canada's management, business model, and growth potential.
- Determine Fidelity Canada's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Mutual Fund's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Fidelity Canada's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Canada Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.