Banking Portfolio Financials
| FSRBX Fund | USD 35.13 0.25 0.71% |
Banking |
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.
Banking Portfolio Fund Summary
Banking Portfolio competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, and Fidelity Freedom. The fund invests primarily in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in banking. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.Specialization | Financial, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3163906403 |
| Business Address | Fidelity Select Portfolios |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Financial |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Banking Portfolio Key Financial Ratios
Banking Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Banking Portfolio's current stock value. Our valuation model uses many indicators to compare Banking Portfolio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Banking Portfolio competition to find correlations between indicators driving Banking Portfolio's intrinsic value. More Info.Banking Portfolio Banking 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 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Banking Portfolio Banking is roughly 11.99 . 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 Banking Portfolio's earnings, one of the primary drivers of an investment's value.Banking Portfolio Banking Systematic Risk
Banking Portfolio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Banking Portfolio 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-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Banking Portfolio Banking correlated with the market. If Beta is less than 0 Banking Portfolio generally moves in the opposite direction as compared to the market. If Banking Portfolio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Banking Portfolio Banking is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Banking Portfolio is generally in the same direction as the market. If Beta > 1 Banking Portfolio moves generally in the same direction as, but more than the movement of the benchmark.
Banking Portfolio December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Banking Portfolio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Banking Portfolio Banking. We use our internally-developed statistical techniques to arrive at the intrinsic value of Banking Portfolio Banking based on widely used predictive technical indicators. In general, we focus on analyzing Banking Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Banking Portfolio's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.0733 | |||
| Maximum Drawdown | 15.45 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.79 |
Other Information on Investing in Banking Mutual Fund
Banking Portfolio financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Portfolio security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |