Fidelity Magellan Competition

FMAGX Fund

USD 14.98 0.12 0.81%

Fidelity Magellan competes with Fidelity Growth, Fidelity Equity, Fidelity Contrafund, Fidelity Growth, and Fidelity Puritan; as well as few others. The fund is listed under Large Growth category and is part of Fidelity Investments family. Analyzing Fidelity Magellan competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Fidelity Magellan to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fidelity Magellan Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Fidelity Magellan competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
14.01	14.98	15.95

Details

Intrinsic

Valuation

Low	Real	High
14.13	15.10	16.07

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Magellan. Your research has to be compared to or analyzed against Fidelity Magellan's peers to derive any actionable benefits. When done correctly, Fidelity Magellan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fidelity Magellan.

Fidelity Magellan Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fidelity Magellan and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Fidelity and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Fidelity Magellan does not affect the price movement of the other competitor.

	FGRIX	FEQIX	FCNTX	FDGRX	FPURX
FGRIX		0.73	0.93	0.79	0.89	FGRIX
FEQIX	0.73		0.73	0.25	0.55	FEQIX
FCNTX	0.93	0.73		0.74	0.84	FCNTX
FDGRX	0.79	0.25	0.74		0.92	FDGRX
FPURX	0.89	0.55	0.84	0.92		FPURX
	FGRIX	FEQIX	FCNTX	FDGRX	FPURX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Magellan Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fidelity Magellan's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FGRIX	0.45	0.00	0.00	0.03	0.61	(0.47)	1.06	(0.73)	5.22
FEQIX	0.48	(0.10)	0.00	(0.14)	0.00	0.00	0.80	(0.86)	4.54
FCNTX	0.65	(0.01)	(0.01)	0.01	1.22	(0.56)	1.29	(2.00)	5.65
FDGRX	0.74	0.12	0.09	0.17	1.03	(0.74)	1.68	(1.66)	5.67
FPURX	0.40	(0.01)	(0.03)	0.00	0.65	(0.39)	0.77	(0.94)	3.83

Unable to evaluate fundamental data of [FGRIX, FEQIX, FCNTX, FDGRX, FPURX] at this time. Please try again later

All Fundamental Data

Fidelity Magellan Competitive Analysis

The better you understand Fidelity Magellan competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fidelity Magellan's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Fidelity Magellan's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FMAGX	FGRIX	FEQIX	FCNTX	FDGRX	FPURX
	0.81 14.98 Fidelity	1.16 63.47 Fidelity	2.84 73.82 Fidelity	0.76 21.21 Fidelity	1.39 44.49 Fidelity	1.03 25.01 Fidelity
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Insignificant	Very Weak	Weak	Good	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Buy	Buy	Strong Hold	Strong Buy	Strong Hold
Net Asset	26.9 B	8.77 B	7.32 B	107.89 B	49.67 B	27.84 B
Price To Book	2.68 X	2.11 X	1.80 X	3.68 X	4.52 X	2.71 X
Five Year Return	16.06 %	14.14 %	10.92 %	18.78 %	23.78 %	11.99 %
One Year Return	33.87 %	26.91 %	20.39 %	42.32 %	44.04 %	23.87 %
Last Dividend Paid	N/A	0.25	N/A	N/A	N/A	0.05
Price To Earning	2.47 X	18.21 X	15.68 X	23.32 X	25.28 X	21.01 X
Price To Sales	2.15 X	1.99 X	1.52 X	2.89 X	2.90 X	2.67 X
Cash Position Weight	1.00 %	0.45 %	1.31 %	1.28 %	0.24 %	3.84 %
Equity Positions Weight	98.74 %	99.12 %	98.69 %	97.49 %	96.21 %	67.55 %
Three Year Return	8.58 %	12.92 %	8.62 %	12.18 %	11.27 %	6.94 %
Annual Yield	0 %	0.01 %	0.01 %	0 %	N/A	0.02 %
Year To Date Return	32.78 %	24.94 %	18.40 %	40.11 %	41.17 %	21.64 %
Bond Positions Weight	N/A	N/A	N/A	0.01 %	N/A	26.47 %
Ten Year Return	12.72 %	11.01 %	9.04 %	14.73 %	18.31 %	9.92 %
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)
Day Typical Price	14.98	63.47	73.82	21.21	44.49	25.01
Period Momentum Indicator	0.12	0.73	(2.16)	0.16	0.61	(0.26)
Rate Of Daily Change	1.01	1.01	0.97	1.01	1.01	0.99
Day Median Price	14.98	63.47	73.82	21.21	44.49	25.01
Price Action Indicator	0.06	0.36	(1.08)	0.08	0.3	(0.13)
Coefficient Of Variation	(12,888)	2173.83	(885.11)	4703.24	699.59	6461.8
Mean Deviation	0.6779	0.4543	0.477	0.6505	0.7434	0.4046
Jensen Alpha	(0.04)	0.0036	(0.10)	(0.01)	0.1208	(0.01)
Total Risk Alpha	(0.04)	0.0021	(0.11)	(0.02)	0.1101	(0.02)
Sortino Ratio	N/A	(0)	N/A	(0.01)	0.0913	(0.03)
Downside Variance	N/A	0.4341	N/A	1.7	1.65	0.5184
Standard Deviation	0.9646	0.6717	0.7046	0.9565	1.04	0.5774
Kurtosis	2.2	5.69	5.14	3.08	2.05	4.14
Potential Upside	1.33	1.06	0.8016	1.29	1.68	0.7722
Treynor Ratio	(0.02)	0.0268	(0.14)	0.0131	0.1665	(0)
Maximum Drawdown	5.81	5.22	4.54	5.65	5.67	3.83
Variance	0.9304	0.4512	0.4964	0.9149	1.09	0.3334
Market Risk Adjusted Performance	(0.01)	0.0368	(0.13)	0.0231	0.1765	0.008
Risk Adjusted Performance	(0)	0.0346	(0.09)	0.0186	0.1157	0.0085
Skewness	(0.75)	0.4084	(0.67)	(1.17)	(0.90)	(1.08)
Semi Deviation	N/A	0.6117	N/A	1.22	1.03	0.6502
Information Ratio	(0.04)	(0)	(0.16)	(0.01)	0.1121	(0.04)
Value At Risk	(2.10)	(0.73)	(0.86)	(2.00)	(1.66)	(0.94)
Expected Short fall	N/A	(0.47)	N/A	(0.56)	(0.74)	(0.39)
Downside Deviation	N/A	0.6589	N/A	1.31	1.28	0.72
Semi Variance	N/A	0.3742	N/A	1.48	1.06	0.4228

Fidelity Magellan Competition Performance Charts

Five steps to successful analysis of Fidelity Magellan Competition

Fidelity Magellan's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Fidelity Magellan in relation to its competition. Fidelity Magellan's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fidelity Magellan in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Fidelity Magellan's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fidelity Magellan, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Fidelity Magellan position

In addition to having Fidelity Magellan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Shipping Containers

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipping Containers Theme or any other thematic opportunities.

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Other Information on Investing in Fidelity Mutual Fund

Fidelity Magellan financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Magellan security.

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