Fidelity Canada Financials

FCCNX Fund  USD 73.22  0.48  0.66%   
Financial data analysis helps to check if markets are presently mispricing Fidelity Canada. We were able to interpolate fifteen available fundamental indicators for Fidelity Canada Fund, which can be compared to its peers. The fund experiences a moderate upward volatility. Check odds of Fidelity Canada to be traded at $80.54 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Fidelity Canada Fund Summary

Fidelity Canada competes with Deutsche Real, Franklin Real, Virtus Real, Vanguard Reit, and Columbia Real. The fund normally invests at least 80 percent of assets in securities of Canadian issuers and other investments that are tied economically to Canada. It invests potentially in securities of U.S. issuers. The fund normally invests primarily in common stocks. It invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Canadian market. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.
Specialization
Miscellaneous Region, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressFidelity Investment Trust
Mutual Fund FamilyFidelity Investments
Mutual Fund CategoryMiscellaneous Region
BenchmarkDow Jones Industrial
Phone877 208 0098
CurrencyUSD - US Dollar

FIDELITY Financial Ratios Relationships

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 also 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 . 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.

Fidelity Canada Systematic Risk

Fidelity Canada's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Canada volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Fidelity Canada correlated with the market. If Beta is less than 0 Fidelity Canada generally moves in the opposite direction as compared to the market. If Fidelity Canada Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Canada is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Canada is generally in the same direction as the market. If Beta > 1 Fidelity Canada moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Canada Fund is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Miscellaneous Region category is currently estimated at about 68.05 Billion. Fidelity Canada claims roughly 1.07 Billion in net asset contributing just under 2% to funds under Miscellaneous Region category.

Fidelity Canada December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fidelity Canada help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Canada Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Canada Fund based on widely used predictive technical indicators. In general, we focus on analyzing FIDELITY Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Canada's daily price indicators and compare them against related drivers.

Other Information on Investing in FIDELITY Mutual Fund

Fidelity Canada 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 Canada security.
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