Fidelity Mega Financials
| FGRTX Fund | USD 26.61 0.11 0.42% |
Fidelity |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity Mega Fund Summary
Fidelity Mega competes with Fidelity Large, Fidelity Focused, Fidelity Stock, Fidelity Trend, and Fidelity Advisor. The fund invests at least 80 percent of its assets in common stocks of companies with mega market capitalizations . It invests in domestic and foreign issuers and invests in either growth stocks or value stocks or both. The adviser uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.Specialization | Large Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US31617F4037 |
| Business Address | Fidelity Hastings Street |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Large Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
Fidelity Mega Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Mega's current stock value. Our valuation model uses many indicators to compare Fidelity Mega value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Mega competition to find correlations between indicators driving Fidelity Mega's intrinsic value. More Info.Fidelity Mega Cap 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Mega Cap is roughly 8.00 . 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 Mega's earnings, one of the primary drivers of an investment's value.Fidelity Mega Cap Systematic Risk
Fidelity Mega's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Mega volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Fidelity Mega Cap correlated with the market. If Beta is less than 0 Fidelity Mega generally moves in the opposite direction as compared to the market. If Fidelity Mega Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Mega Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Mega is generally in the same direction as the market. If Beta > 1 Fidelity Mega moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Mega December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Mega help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Mega Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Mega Cap based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Mega's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7882 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.15 |
Other Information on Investing in Fidelity Mutual Fund
Fidelity Mega 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 Mega security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |