Industry description
The investment seeks long-term growth of capital.
The fund normally invests at least 80% of assets in securities of Danish, Finnish, Norwegian, and Swedish issuers and other investments that are tied economically to the Nordic region. It normally invests primarily in common stocks and allocates investments across different Nordic countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Nordic market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Market Cap
The average market capitalization across the Fidelity Nordic MF is 53.78B. The market cap for tickers in the group ranges from 1.56B to 2.77B. EVO holds the highest valuation in this group at 2.77B. The lowest valued company is SAND at 1.56B.
Volume
The average weekly volume growth across all stocks in the Fidelity Nordic MF was 10%. For the same stocks of the MF, the average monthly volume growth was -33% and the average quarterly volume growth was 3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 38
Price Growth Rating: 53
SMR Rating: 57
Profit Risk Rating: 62
Seasonality Score: -22 (-100 ... +100)