Fidelity Summer Street Fund Fundamentals
Fidelity Summer Street fundamentals help investors to digest information that contributes to Fidelity Summer's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Summer's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Summer mutual fund.
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Fidelity Summer Street Mutual Fund One Year Return Analysis
Fidelity Summer's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Fidelity Summer One Year Return | 3.99 % |
Most of Fidelity Summer's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Summer Street is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionFidelity Summer One Year Return Component Assessment
Based on the recorded statements, Fidelity Summer Street has an One Year Return of 3.9908%. This is 7.57% higher than that of the Fidelity Investments family and notably lower than that of the Large Growth category. The one year return for all United States funds is 3.84% higher than that of the company.
Fidelity Summer Street Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Summer's current stock value. Our valuation model uses many indicators to compare Fidelity Summer value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Summer competition to find correlations between indicators driving Fidelity Summer's intrinsic value. More Info.Fidelity Summer Street 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 980.40 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 Summer's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fidelity Fundamentals
| Annual Yield | 0 % | |||
| Year To Date Return | 0.98 % | |||
| One Year Return | 3.99 % | |||
| Net Asset | 7.41 M |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Tools for Fidelity Mutual Fund
When running Fidelity Summer's price analysis, check to measure Fidelity Summer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Summer is operating at the current time. Most of Fidelity Summer's value examination focuses on studying past and present price action to predict the probability of Fidelity Summer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Summer's price. Additionally, you may evaluate how the addition of Fidelity Summer to your portfolios can decrease your overall portfolio volatility.
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