Fidelity High Financials

SPHIX Fund  USD 7.87  0.01  0.13%   
You can utilize Fidelity High Income fundamental data analysis to find out if markets are presently mispricing the fund. We were able to collect and analyze data for seventeen available fundamental indicators for Fidelity High Income, which can be compared to its peers. The fund experiences a normal upward fluctuation. Check odds of Fidelity High to be traded at $8.26 in 90 days.
  
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 High Fund Summary

Fidelity High competes with Fidelity Freedom, Fidelity Puritan, Fidelity Puritan, Fidelity Pennsylvania, and Fidelity Freedom. The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The fund invests in companies in troubled or uncertain financial condition.
Specialization
High Yield Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS3161464066
Business AddressFidelity Summer Street
Mutual Fund FamilyFidelity Investments
Mutual Fund CategoryHigh Yield Bond
BenchmarkDow Jones Industrial
Phone800 544 8544
CurrencyUSD - US Dollar

Fidelity High Key Financial Ratios

Fidelity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity High's current stock value. Our valuation model uses many indicators to compare Fidelity High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity High competition to find correlations between indicators driving Fidelity High's intrinsic value. More Info.
Fidelity High Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about  0.04  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity High Income is roughly  25.59 . 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 High's earnings, one of the primary drivers of an investment's value.

Fidelity High Income Systematic Risk

Fidelity High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity High 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 High Income correlated with the market. If Beta is less than 0 Fidelity High generally moves in the opposite direction as compared to the market. If Fidelity High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity High is generally in the same direction as the market. If Beta > 1 Fidelity High moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity High Income is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 96.73 Billion. Fidelity High holds roughly 2.77 Billion in net asset claiming about 2.86% of all funds under High Yield Bond category.

Fidelity High December 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fidelity High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity High 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 High's daily price indicators and compare them against related drivers.

Other Information on Investing in Fidelity Mutual Fund

Fidelity High 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 High security.
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