Fidelity Salem Net Asset vs. Annual Yield
| FQITX Fund | USD 12.36 0.02 0.16% |
For Fidelity Salem profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity Salem to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity Salem Street utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity Salem's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity Salem Street over time as well as its relative position and ranking within its peers.
Fidelity |
Fidelity Salem Street Annual Yield vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Salem's current stock value. Our valuation model uses many indicators to compare Fidelity Salem value to that of its competitors to determine the firm's financial worth. Fidelity Salem Street is one of the top funds in net asset among similar funds. It also is one of the top funds in annual yield among similar funds . The ratio of Net Asset to Annual Yield for Fidelity Salem Street is about 13,000,688,327 . 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 Salem's earnings, one of the primary drivers of an investment's value.Fidelity Annual Yield vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Fidelity Salem |
| = | 318.52 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Fidelity Salem |
| = | 0.02 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Fidelity Annual Yield Comparison
Fidelity Salem is currently under evaluation in annual yield among similar funds.
Fidelity Salem Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity Salem, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity Salem will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity Salem's change in net profit over the period of time. It can combine multiple indicators of Fidelity Salem, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Normally investing at least 80 percent of assets in securities included in the Fidelity International Quality Focus Index and in depositary receipts representing securities included in the index. The Fidelity International Quality Focus Index is designed to reflect the performance of large and mid-cap developed international stocks that have attractive quality characteristics.
Fidelity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fidelity Salem. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fidelity Salem position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fidelity Salem's important profitability drivers and their relationship over time.
| Net Asset vs Last Dividend Paid | ||
| Cash Position Weight vs Annual Yield | ||
| Net Asset vs Equity Positions Weight |
Use Fidelity Salem in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity Salem position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity Salem will appreciate offsetting losses from the drop in the long position's value.Fidelity Salem Pair Trading
Fidelity Salem Street Pair Trading Analysis
The ability to find closely correlated positions to Fidelity Salem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity Salem when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity Salem - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity Salem Street to buy it.
The correlation of Fidelity Salem is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity Salem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity Salem Street moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity Salem can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Fidelity Salem position
In addition to having Fidelity Salem in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cleaning Thematic Idea Now
Cleaning
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cleaning Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Fidelity Mutual Fund
To fully project Fidelity Salem's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fidelity Salem Street at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fidelity Salem's income statement, its balance sheet, and the statement of cash flows.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |