Fidelity Canada Fund Fundamentals

FTCNX Fund  USD 66.63  0.71  1.08%   
Fidelity Canada Fund fundamentals help investors to digest information that contributes to Fidelity Canada's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Canada's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Canada mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Fidelity Ten Year Return Analysis

Fidelity Canada's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.

Ten Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Ten Year Return | All Equity Analysis

Current Fidelity Canada Ten Year Return

    
  2.17 %  
Most of Fidelity Canada's fundamental indicators, such as Ten Year Return, 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 Canada Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Competition

Fidelity Canada Ten Year Return Component Assessment

Based on the latest financial disclosure, Fidelity Canada Fund has a Ten Year Return of 2.17%. This is 13.2% lower than that of the Fidelity Investments family and significantly higher than that of the Miscellaneous Region category. The ten year return for all United States funds is notably lower than that of the firm.

Fidelity Canada Fund Fundamental Drivers 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 three year return among similar funds. It is one of the top funds in price to book among similar funds fabricating about  0.24  of Price To Book per Three Year Return. The ratio of Three Year Return to Price To Book for Fidelity Canada Fund is roughly  4.20 . 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 Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Canada's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity Canada could also be used in its relative valuation, which is a method of valuing Fidelity Canada by comparing valuation metrics of similar companies.
Fidelity Canada is currently under evaluation in price to book among similar funds.

Fund Asset Allocation for Fidelity Canada

The fund invests 99.51% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.12%) and various exotic instruments (0.37%).
Asset allocation divides Fidelity Canada's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Fidelity Fundamentals

About Fidelity Canada Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Canada Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Canada Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Fidelity Canada Piotroski F Score and Fidelity Canada Altman Z Score analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Fidelity Mutual Fund analysis

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.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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.