Fidelity Technology Cash Position Weight vs. Five Year Return
| 0P000070JI | CAD 107.54 0.52 0.49% |
For Fidelity Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity Technology Innovators utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity Technology Innovators over time as well as its relative position and ranking within its peers.
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Fidelity Technology Five Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Technology's current stock value. Our valuation model uses many indicators to compare Fidelity Technology value to that of its competitors to determine the firm's financial worth. Fidelity Technology Innovators is rated below average in cash position weight among similar funds. It is second largest fund in five year return among similar funds reporting about 9.66 of Five Year Return per Cash Position Weight. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Technology's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fidelity Five Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Fidelity Technology |
| = | 2.05 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Fidelity Technology |
| = | 19.80 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Fidelity Five Year Return Comparison
Fidelity Technology is the top fund in five year return among similar funds.
Fidelity Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity Technology will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity Technology's change in net profit over the period of time. It can combine multiple indicators of Fidelity Technology, 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.
It invests primarily in equity securities of companies anywhere in the world that are positioned to benefit from advances in technology. Fidelity Technology is traded on Toronto Stock Exchange in Canada.
Fidelity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fidelity Technology. 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 Technology 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 Technology's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Fidelity Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Fidelity Technology position
In addition to having Fidelity Technology 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?
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Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 50 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 Aggressive Defence Theme or any other thematic opportunities.
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Other Information on Investing in Fidelity Fund
To fully project Fidelity Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fidelity Technology 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 Technology's income statement, its balance sheet, and the statement of cash flows.
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