Fidelity Global Financials
| FGILX Fund | USD 21.21 0.03 0.14% |
Fidelity |
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 Global Fund Summary
Fidelity Global competes with Fidelity Emerging, Fidelity Total, Fidelity International, Morningstar Unconstrained, and Thrivent High. The fund invests in securities issued throughout the world. It invests at least 80 percent of assets in equity securities. The fund invests primarily in income-producing equity securities. It invests in other types of equity securities and debt securities, including lower-quality debt securities. The adviser allocates investments across different countries and regions.Specialization | World Large-Stock Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Fidelity Investment Trust |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | World Large-Stock Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Global Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Global's current stock value. Our valuation model uses many indicators to compare Fidelity Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Global competition to find correlations between indicators driving Fidelity Global's intrinsic value. More Info.Fidelity Global Equity 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Global Equity is roughly 7.48 . 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 Global's earnings, one of the primary drivers of an investment's value.Fidelity Global Equity Systematic Risk
Fidelity Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Global 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Fidelity Global Equity correlated with the market. If Beta is less than 0 Fidelity Global generally moves in the opposite direction as compared to the market. If Fidelity Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Global Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Global is generally in the same direction as the market. If Beta > 1 Fidelity Global moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Global December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Global Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Global Equity 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 Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6346 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.9629 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Global 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 Global security.
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