Fidelity High Bond Positions Weight vs. One Year Return
| SPHIX Fund | USD 7.87 0.01 0.13% |
For Fidelity High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity High Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity High Income over time as well as its relative position and ranking within its peers.
Fidelity |
Fidelity High Income One Year Return vs. Bond Positions Weight Fundamental Analysis
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. Fidelity High Income is rated top fund in bond positions weight among similar funds. It also is rated top fund in one year return among similar funds reporting about 0.65 of One Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to One Year Return for Fidelity High Income is roughly 1.53 . 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 One Year Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Fidelity High |
| = | 15.29 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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.
Fidelity High |
| = | 9.97 % |
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.
Fidelity One Year Return Comparison
Fidelity High is currently under evaluation in one year return among similar funds.
Fidelity High Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity High will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity High's change in net profit over the period of time. It can combine multiple indicators of Fidelity High, 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.
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.
Fidelity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fidelity High. 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 High 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 High's important profitability drivers and their relationship over time.
Use Fidelity High 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 High 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 High will appreciate offsetting losses from the drop in the long position's value.Fidelity High Pair Trading
Fidelity High Income Pair Trading Analysis
The ability to find closely correlated positions to Fidelity High 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 High 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 High - 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 High Income to buy it.
The correlation of Fidelity High 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 High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity High Income 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 High 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 High position
In addition to having Fidelity High 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
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Other Information on Investing in Fidelity Mutual Fund
To fully project Fidelity High's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fidelity High Income 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 High's income statement, its balance sheet, and the statement of cash flows.
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