Fidelity Select Financial Statements From 2010 to 2024
| FSENX Fund | USD 61.09 0.25 0.41% |
Check Fidelity Select financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidelity Select'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 Select Valuation or Volatility modules.
Fidelity |
Fidelity Select Portfolios Mutual Fund Price To Sales Analysis
Fidelity Select'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.
Current Fidelity Select Price To Sales | 1.41 X |
Most of Fidelity Select'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 Select Portfolios 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 Select Portfolios has a Price To Sales of 1.41 times. This is 56.67% higher than that of the Fidelity Investments family and significantly higher than that of the Equity Energy category. The price to sales for all United States funds is 131.15% lower than that of the firm.
Fidelity Select Port Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Select's current stock value. Our valuation model uses many indicators to compare Fidelity Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Select competition to find correlations between indicators driving Fidelity Select's intrinsic value. More Info.Fidelity Select Portfolios 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 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Select Portfolios is roughly 15.55 . 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 Select's earnings, one of the primary drivers of an investment's value.About Fidelity Select Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Fidelity Select income statement, its balance sheet, and the statement of cash flows. Fidelity Select investors use historical funamental indicators, such as Fidelity Select's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fidelity Select investors may use each financial statement separately, they are all related. The changes in Fidelity Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Fidelity Select Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fidelity Select. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in securities of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. It invests in domestic and foreign issuers. The fund invests primarily in common stocks. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
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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 Select 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 Select security.
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