Fidelity Minnesota Financials
| FIMIX Fund | USD 10.94 0.03 0.27% |
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 Minnesota Fund Summary
Fidelity Minnesota competes with Fidelity Pennsylvania, Fidelity Maryland, Fidelity Arizona, Fidelity Connecticut, and Fidelity Michigan. The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal and Minnesota personal income taxes. It manages the fund to have similar overall interest rate risk to an index designed to represent Fidelity Management Research Companys view of how the funds competitive universe will perform over time. The fund allocates assets across different market sectors and maturities. It is non-diversified.Specialization | Muni Minnesota, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3164123032 |
| Business Address | Fidelity Municipal Trust |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Muni Minnesota |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Minnesota Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Minnesota's current stock value. Our valuation model uses many indicators to compare Fidelity Minnesota value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Minnesota competition to find correlations between indicators driving Fidelity Minnesota's intrinsic value. More Info.Fidelity Minnesota Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 83.34 of Year To Date Return per Annual Yield. 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 Minnesota's earnings, one of the primary drivers of an investment's value.Fidelity Minnesota Systematic Risk
Fidelity Minnesota's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Minnesota 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Fidelity Minnesota correlated with the market. If Beta is less than 0 Fidelity Minnesota generally moves in the opposite direction as compared to the market. If Fidelity Minnesota Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Minnesota is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Minnesota is generally in the same direction as the market. If Beta > 1 Fidelity Minnesota moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Minnesota March 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Minnesota help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Minnesota Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Minnesota Municipal 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 Minnesota's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 0.9103 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.276 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Minnesota 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 Minnesota security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |