Fidelity Municipal Income Financials

Fidelity Municipal Fund Summary

Fidelity Municipal competes with Fidelity Municipal, Fidelity Global, Fidelity California, and Fidelity Short. The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal income tax . Fidelity Municipal is traded on NASDAQ Exchange in the United States.

Fidelity Municipal Key Financial Ratios

Fidelity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Municipal's current stock value. Our valuation model uses many indicators to compare Fidelity Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Municipal competition to find correlations between indicators driving Fidelity Municipal's intrinsic value. More Info.Fidelity Municipal Income is one of the top funds in one year return among similar funds. It also is one of the top funds in three year return among similar funds reporting about  0.84  of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Fidelity Municipal Income is roughly  1.19 . 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 Municipal's earnings, one of the primary drivers of an investment's value.

Fidelity Municipal Market Pulse

Along with financial statement analysis, the daily predictive indicators of Fidelity Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Municipal Income 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 Municipal's daily price indicators and compare them against related drivers.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Stocks Directory module to find actively traded stocks across global markets.

If you are still planning to invest in Fidelity Municipal Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fidelity Municipal's history and understand the potential risks before investing.