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FBAKX Fidelity Balanced K Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META).

Industry description

The investment seeks both income and capital growth. The fund invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities.

Market Cap

The average market capitalization across the Fidelity Balanced K MF is 2.43T. The market cap for tickers in the group ranges from 1.24T to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is META at 1.24T.

Volume

The average weekly volume growth across all stocks in the Fidelity Balanced K MF was 55%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 76
P/E Growth Rating: 76
Price Growth Rating: 36
SMR Rating: 24
Profit Risk Rating: 15
Seasonality Score: -11 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderate Allocation
Address
Fidelity Puritan Trust82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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FBAKX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FBAKX has been closely correlated with CLBFX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if FBAKX jumps, then CLBFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FBAKX
1D Price
Change %
FBAKX100%
-1.02%
CLBFX - FBAKX
95%
Closely correlated
-0.91%
CLBCX - FBAKX
95%
Closely correlated
-0.88%
RLBAX - FBAKX
95%
Closely correlated
-0.89%
CLBAX - FBAKX
95%
Closely correlated
-0.91%
RLBBX - FBAKX
92%
Closely correlated
-0.89%
More