Fidelity® Government Financials
| SPAXX Fund | USD 1.00 0.00 0.00% |
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® Government Fund Summary
Fidelity® Government competes with Massmutual Premier, Aqr Diversified, Prudential Core, Massmutual Select, and Victory Diversified. Fidelity Government is entity of United States. It is traded as Fund on NMFQS exchange.| Instrument | USA Money Market Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US31617H1023 |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Fidelity® Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity® Government's current stock value. Our valuation model uses many indicators to compare Fidelity® Government value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity® Government competition to find correlations between indicators driving Fidelity® Government's intrinsic value. More Info.Fidelity Government Money is rated top fund in annual yield among similar funds. It also is rated top fund in net asset among similar funds making up about 460,332,541,568 of Net Asset 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® Government's earnings, one of the primary drivers of an investment's value.Fidelity Government Money Systematic Risk
Fidelity® Government's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity® Government 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Fidelity Government Money correlated with the market. If Beta is less than 0 Fidelity® Government generally moves in the opposite direction as compared to the market. If Fidelity® Government Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Government Money is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity® Government is generally in the same direction as the market. If Beta > 1 Fidelity® Government moves generally in the same direction as, but more than the movement of the benchmark.
Other Information on Investing in Fidelity® Money Market Fund
Fidelity® Government financial ratios help investors to determine whether Fidelity® Money Market 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® Government security.
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