Fidelity Municipal Income Valuation

FCHPXDelisted Fund  USD 10.09  0.00  0.00%   
At this time, the entity appears to be overvalued. Fidelity Municipal Income shows a prevailing Real Value of $9.33 per share. The current price of the fund is $10.09. We determine the value of Fidelity Municipal Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Overvalued
Today
10.09
Please note that Fidelity Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Municipal Income shows a prevailing Real Value of $9.33 per share. The current price of the fund is $10.09. We determine the value of Fidelity Municipal Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  10.09 Real  9.33 Hype  10.09
The intrinsic value of Fidelity Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
9.33
Real Value
11.10
Upside
Estimating the potential upside or downside of Fidelity Municipal Income helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Municipal more accurately as focusing exclusively on Fidelity Municipal's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
10.0910.0910.09
Details

About Fidelity Municipal Valuation

Our relative valuation model uses a comparative analysis of Fidelity Municipal. We calculate exposure to Fidelity Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity Municipal's related companies.
The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal income tax . Fidelity Municipal is traded on NASDAQ Exchange in the United States.
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 american community survey.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Consideration for investing in Fidelity Mutual Fund

If you are still planning to invest in Fidelity Municipal Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fidelity Municipal's history and understand the potential risks before investing.
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