Fidelity Canada Financials

FTCNX Fund  USD 66.70  0.07  0.11%   
Financial data analysis helps to check if markets are presently mispricing Fidelity Canada Fund. We were able to interpolate fifteen available fundamental indicators for Fidelity Canada Fund, which can be compared to its rivals. Use Fidelity Canada price to book, one year return, as well as the relationship between the One Year Return and equity positions weight to make sure your decision on pricing Fidelity Canada Fund is adequate. The fund experiences a normal upward fluctuation. Check odds of Fidelity Canada to be traded at $70.04 in 90 days.
With this module, you can analyze Fidelity financials for your investing period. You should be able to track the changes in Fidelity Canada individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Fidelity Canada Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fidelity Canada's financial statements are interrelated, with each one affecting the others. For example, an increase in Fidelity Canada's assets may result in an increase in income on the income statement.
Evaluating Fidelity Canada's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Fidelity Canada's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Fidelity Canada's relative financial performance

Chance Of Distress

Less than 40

 
100  
 
Zero
Below Average
Fidelity Canada Fund has less than 40 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Fidelity Canada mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
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The data published in Fidelity Canada's official financial statements usually reflect Fidelity Canada's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Fidelity Canada Fund. For example, before you start analyzing numbers published by Fidelity accountants, it's critical to develop an understanding of what Fidelity Canada's liquidity, profitability, and earnings quality are in the context of the Fidelity Investments space in which it operates.
Please note that past performance is not an indicator of the future performance of Fidelity Canada, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's 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 Canada Company Summary

Fidelity Canada competes with Fidelity New, Fidelity New, Fidelity Advisor, Fidelity New, and Fidelity Advisor. The fund normally invests at least 80 percent of assets in securities of Canadian issuers and other investments that are tied economically to Canada. It invests potentially in securities of U.S. issuers. The fund normally invests primarily in common stocks. It invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Canadian market. The fund 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
Miscellaneous Region, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressFidelity Investment Trust
Mutual Fund FamilyFidelity Investments
Mutual Fund CategoryMiscellaneous Region
BenchmarkNYSE Composite
Phone877 208 0098
CurrencyUSD - US Dollar

Fidelity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Canada's current stock value. Our valuation model uses many indicators to compare Fidelity Canada value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Canada competition to find correlations between indicators driving Fidelity Canada's intrinsic value. More Info.
Fidelity Canada Fund is one of the top funds in one year return among similar funds. It is one of the top funds in net asset among similar funds making up about  59,949,954  of Net Asset per One Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Canada by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Canada's Mutual 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. 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 Canada's earnings, one of the primary drivers of an investment's value.

Fidelity Canada Fund Systematic Risk

Fidelity Canada's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Canada 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Fidelity Canada Fund correlated with the market. If Beta is less than 0 Fidelity Canada generally moves in the opposite direction as compared to the market. If Fidelity Canada Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Canada Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Canada is generally in the same direction as the market. If Beta > 1 Fidelity Canada moves generally in the same direction as, but more than the movement of the benchmark.

About Fidelity Canada Financials

What exactly are Fidelity Canada Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Fidelity Canada's income statement, its balance sheet, and the statement of cash flows. Potential Fidelity Canada investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fidelity Canada investors may use each financial statement separately, they are all related. The changes in Fidelity Canada's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Canada'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Fidelity Canada Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Fidelity Canada is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Fidelity has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Fidelity Canada's financials are consistent with your investment objective using the following steps:
  • Review Fidelity Canada's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Fidelity Canada's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Fidelity Canada's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Fidelity Canada's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed. Fidelity Canada Fund is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Miscellaneous Region category is currently estimated at about 56.21 Billion. Fidelity Canada claims roughly 1.07 Billion in net asset contributing just under 2% to funds under Miscellaneous Region category.

Fidelity Canada March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fidelity Canada help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Canada Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Canada Fund 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 Canada's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Canada Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Fidelity Canada's price analysis, check to measure Fidelity Canada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Canada is operating at the current time. Most of Fidelity Canada's value examination focuses on studying past and present price action to predict the probability of Fidelity Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Canada's price. Additionally, you may evaluate how the addition of Fidelity Canada to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity Canada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Canada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Canada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.