Is Fidelity Trend Fund a Strong Mutual Fund Pick Right Now - Yahoo Finance
| FTRNX Fund | USD 214.84 2.02 0.93% |
Slightly above 62% of Fidelity Trend's investor base is looking to short. The analysis of overall sentiment of trading Fidelity Trend Fund mutual fund suggests that many investors are alarmed at this time. Fidelity Trend's investing sentiment can be driven by a variety of factors including economic data, Fidelity Trend's earnings reports, geopolitical events, and overall market trends.
Fidelity |
Is Fidelity Trend Fund a Strong Mutual Fund Pick Right Now Yahoo Finance
Read at news.google.com
 |
Fidelity Trend Fundamental Analysis
We analyze Fidelity Trend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Trend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Trend based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Fidelity Trend is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Fidelity Trend Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Trend mutual fund to make a market-neutral strategy. Peer analysis of Fidelity Trend could also be used in its relative valuation, which is a method of valuing Fidelity Trend by comparing valuation metrics with similar companies.
Peers
Fidelity Trend Related Equities
| FLCSX | Fidelity Large | 0.23 |
| ||
| FDSSX | Fidelity Stock | 0.35 |
| ||
| FDEQX | Fidelity Disciplined | 0.44 |
| ||
| FDSCX | Fidelity Stock | 0.44 |
| ||
| FTQGX | Fidelity Focused | 0.83 |
|
Other Information on Investing in Fidelity Mutual Fund
Fidelity Trend 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 Trend security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |