Fidelity Total Market Fund Fundamentals
| FSKAX Fund | USD 137.50 0.29 0.21% |
Fidelity Total Market fundamentals help investors to digest information that contributes to Fidelity Total's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Total's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Total mutual fund.
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Fidelity Total Market Mutual Fund Price To Sales Analysis
Fidelity Total's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Fidelity Total Price To Sales | 1.68 X |
Most of Fidelity Total's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Total Market is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Fidelity Total Market has a Price To Sales of 1.68 times. This is 86.67% higher than that of the Fidelity Investments family and significantly higher than that of the Large Blend category. The price to sales for all United States funds is notably lower than that of the firm.
Fidelity Total Market Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Total's current stock value. Our valuation model uses many indicators to compare Fidelity Total value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Total competition to find correlations between indicators driving Fidelity Total's intrinsic value. More Info.Fidelity Total Market 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Total Market is roughly 7.66 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Total by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Total'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 Total's earnings, one of the primary drivers of an investment's value.Fidelity Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Total's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity Total could also be used in its relative valuation, which is a method of valuing Fidelity Total by comparing valuation metrics of similar companies.Fidelity Total is currently under evaluation in price to sales among similar funds.
Fund Asset Allocation for Fidelity Total
The fund invests 99.44% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.56%) .Asset allocation divides Fidelity Total's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Price To Earning | 18.91 X | ||||
| Price To Book | 2.47 X | ||||
| Price To Sales | 1.68 X | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 7.03 % | ||||
| One Year Return | 26.62 % | ||||
| Three Year Return | 7.34 % | ||||
| Five Year Return | 13.00 % | ||||
| Ten Year Return | 12.78 % | ||||
| Net Asset | 75.99 B | ||||
| Last Dividend Paid | 0.14 | ||||
| Cash Position Weight | 0.56 % | ||||
| Equity Positions Weight | 99.44 % |
About Fidelity Total Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Total Market's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Total using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Total Market based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund normally invests at least 80 percent of assets in common stocks included in the Dow Jones U.S. Total Stock Market Index, which represents the performance of a broad range of U.S. stocks. The manager uses statistical sampling techniques based on such factors as capitalization, industry exposures, dividend yield, priceearnings ratio, pricebook ratio, and earnings growth to attempt to replicate the returns of the index using a smaller number of securities.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fidelity Total in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fidelity Total's short interest history, or implied volatility extrapolated from Fidelity Total options trading.
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Total Market. 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 nation. Note that the Fidelity Total Market information on this page should be used as a complementary analysis to other Fidelity Total's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.