Fidelity Momentum Financial Statements From 2010 to 2024
| FDMO Etf | USD 57.97 1.09 1.92% |
Check Fidelity Momentum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Fidelity financial statements analysis is a perfect complement when working with Fidelity Momentum Valuation or Volatility modules.
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Fidelity Momentum Factor ETF Price To Sales Analysis
Fidelity Momentum'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 Momentum Price To Sales | 2.77 X |
Most of Fidelity Momentum'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 Momentum Factor 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.
| Competition |
Based on the latest financial disclosure, Fidelity Momentum Factor has a Price To Sales of 2.77 times. This is much higher than that of the Fidelity Investments family and significantly higher than that of the Large Growth category. The price to sales for all United States etfs is notably lower than that of the firm.
Fidelity Momentum Factor Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Momentum's current stock value. Our valuation model uses many indicators to compare Fidelity Momentum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Momentum competition to find correlations between indicators driving Fidelity Momentum's intrinsic value. More Info.Fidelity Momentum Factor is one of the top ETFs in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Momentum Factor is roughly 6.41 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Momentum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Momentum's Etf. 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 Momentum's earnings, one of the primary drivers of an investment's value.About Fidelity Momentum Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Fidelity Momentum income statement, its balance sheet, and the statement of cash flows. Fidelity Momentum investors use historical funamental indicators, such as Fidelity Momentum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fidelity Momentum investors may use each financial statement separately, they are all related. The changes in Fidelity Momentum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Momentum'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. We offer a historical overview of the basic patterns found on Fidelity Momentum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fidelity Momentum. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Momentum is traded on NYSEARCA Exchange in the United States.
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The market value of Fidelity Momentum Factor is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Momentum's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Momentum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Momentum's market value can be influenced by many factors that don't directly affect Fidelity Momentum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Momentum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Momentum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Momentum'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.