Fidelity Asset Financial Statements From 2010 to 2024

FASIX Fund  USD 13.84  0.01  0.07%   
Fidelity Asset financial statements provide useful quarterly and yearly information to potential Fidelity Asset Manager investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Fidelity Asset financial statements helps investors assess Fidelity Asset's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Fidelity Asset's valuation are summarized below:
Fidelity Asset Manager does not presently have any fundamental signals for analysis.
Check Fidelity Asset financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity Asset's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fidelity financial statements analysis is a perfect complement when working with Fidelity Asset Valuation or Volatility modules.
  
This module can also supplement various Fidelity Asset Technical models . Check out the analysis of Fidelity Asset Correlation against competitors.

Fidelity Asset Manager Mutual Fund Price To Sales Analysis

Fidelity Asset's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Fidelity Asset Price To Sales

    
  1.73 X  
Most of Fidelity Asset's fundamental indicators, such as Price To Sales, 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 Asset Manager is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Fidelity Asset Manager has a Price To Sales of 1.73 times. This is 92.22% higher than that of the Fidelity Investments family and significantly higher than that of the Allocation--15% to 30% Equity category. The price to sales for all United States funds is notably lower than that of the firm.

Fidelity Asset Manager Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Asset's current stock value. Our valuation model uses many indicators to compare Fidelity Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Asset competition to find correlations between indicators driving Fidelity Asset's intrinsic value. More Info.
Fidelity Asset Manager is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about  0.12  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Asset Manager is roughly  8.59 . 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 Asset's earnings, one of the primary drivers of an investment's value.

About Fidelity Asset Financial Statements

Fidelity Asset investors use historical fundamental indicators, such as Fidelity Asset's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fidelity Asset. Please read more on our technical analysis and fundamental analysis pages.
The fund allocates its assets among three main asset classes the stock class , the bond class , and the short-termmoney market class .

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Asset 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 Asset security.
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