Fidelity Conservative Financials
FMNDX Fund | USD 10.06 0.01 0.1% |
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 Conservative Fund Summary
Fidelity Conservative competes with Guidepath(r) Managed, Aqr Managed, T Rowe, Goldman Sachs, and Ab Bond. The fund normally invests at least 80 percent of its assets in U.S. dollar-denominated municipal money market securities and high quality investment-grade municipal debt securities whose interest is exempt from federal income tax. It invests up to 10 percent of assets in lower quality investment-grade securities.Specialization | Muni National Short, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US3162038430 |
Business Address | Fidelity Municipal Trust |
Mutual Fund Family | Fidelity Investments |
Mutual Fund Category | Muni National Short |
Benchmark | Dow Jones Industrial |
Phone | 800 544 8544 |
Currency | USD - US Dollar |
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Conservative's current stock value. Our valuation model uses many indicators to compare Fidelity Conservative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Conservative competition to find correlations between indicators driving Fidelity Conservative's intrinsic value. More Info.Fidelity Servative Income 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 15,964 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 Conservative's earnings, one of the primary drivers of an investment's value.Fidelity Servative Income Systematic Risk
Fidelity Conservative's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Conservative 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Fidelity Servative Income correlated with the market. If Beta is less than 0 Fidelity Conservative generally moves in the opposite direction as compared to the market. If Fidelity Conservative Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Servative Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Conservative is generally in the same direction as the market. If Beta > 1 Fidelity Conservative moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Conservative December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Conservative help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Servative Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Servative 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 Conservative's daily price indicators and compare them against related drivers.
Information Ratio | (2.00) | |||
Maximum Drawdown | 0.3994 | |||
Potential Upside | 0.0996 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Conservative 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 Conservative security.
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