Fidelity High Financial Statements From 2010 to 2024
| SPHIX Fund | USD 7.87 0.01 0.13% |
Check Fidelity High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity High's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fidelity financial statements analysis is a perfect complement when working with Fidelity High Valuation or Volatility modules.
Fidelity |
Fidelity High Income Mutual Fund Price To Earning Analysis
Fidelity High's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Fidelity High Price To Earning | 16.12 X |
Most of Fidelity High's fundamental indicators, such as Price To Earning, 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 High Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Fidelity High Income has a Price To Earning of 16.12 times. This is 129.3% higher than that of the Fidelity Investments family and significantly higher than that of the High Yield Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Fidelity High Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity High's current stock value. Our valuation model uses many indicators to compare Fidelity High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity High competition to find correlations between indicators driving Fidelity High's intrinsic value. More Info.Fidelity High Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity High Income is roughly 25.59 . 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 High's earnings, one of the primary drivers of an investment's value.About Fidelity High Financial Statements
Fidelity High investors use historical fundamental indicators, such as Fidelity High's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fidelity High. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The fund invests in companies in troubled or uncertain financial condition.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fidelity Mutual Fund
Fidelity High 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 High security.
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