Fidelity Minnesota Municipal Fund Key Fundamental Indicators
| FIMIX Fund | USD 11.36 0.01 0.09% |
As of the 14th of February 2026, Fidelity Minnesota shows the Coefficient Of Variation of 311.75, mean deviation of 0.072, and Standard Deviation of 0.101. Fidelity Minnesota technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Fidelity Minnesota's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fidelity Minnesota's valuation are provided below:Fidelity Minnesota Municipal does not presently have any fundamental signals for analysis. 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 |
Fidelity Minnesota 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Minnesota's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Minnesota.
| 11/16/2025 |
| 02/14/2026 |
If you would invest 0.00 in Fidelity Minnesota on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Minnesota Municipal or generate 0.0% return on investment in Fidelity Minnesota over 90 days. Fidelity Minnesota is related to or competes with Fidelity Ohio, Fidelity New, Fidelity Michigan, Western Asset, Nuveen New, Eaton Vance, and Fidelity Intermediate. The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is e... More
Fidelity Minnesota Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Minnesota's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Minnesota Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.147 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 0.6249 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.2664 |
Fidelity Minnesota Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Minnesota's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Minnesota's standard deviation. In reality, there are many statistical measures that can use Fidelity Minnesota historical prices to predict the future Fidelity Minnesota's volatility.| Risk Adjusted Performance | 0.189 | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | 0.0149 | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | 4.23 |
Fidelity Minnesota February 14, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.189 | |||
| Market Risk Adjusted Performance | 4.24 | |||
| Mean Deviation | 0.072 | |||
| Downside Deviation | 0.147 | |||
| Coefficient Of Variation | 311.75 | |||
| Standard Deviation | 0.101 | |||
| Variance | 0.0102 | |||
| Information Ratio | (0.37) | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | 0.0149 | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | 4.23 | |||
| Maximum Drawdown | 0.6249 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.2664 | |||
| Downside Variance | 0.0216 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (0.14) | |||
| Skewness | 0.6843 | |||
| Kurtosis | 2.6 |
Fidelity Minnesota Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity Minnesota secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the fund had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Fidelity Minnesota Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Minnesota's Coefficient Of Variation of 311.75, standard deviation of 0.101, and Mean Deviation of 0.072 to check if the risk estimate we provide is consistent with the expected return of 0.0345%. The fund shows a Beta (market volatility) of 0.0053, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Minnesota's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Minnesota is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Fidelity Minnesota Municipal has good predictability. Overlapping area represents the amount of predictability between Fidelity Minnesota time series from 16th of November 2025 to 31st of December 2025 and 31st of December 2025 to 14th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Minnesota price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fidelity Minnesota price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Fidelity Minnesota Municipal has an One Year Return of 5.1031%. This is 37.55% higher than that of the Fidelity Investments family and significantly higher than that of the Muni Minnesota category. The one year return for all United States funds is notably lower than that of the firm.
Fidelity Minnesota Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Minnesota's current stock value. Our valuation model uses many indicators to compare Fidelity Minnesota value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Minnesota competition to find correlations between indicators driving Fidelity Minnesota's intrinsic value. More Info.Fidelity Minnesota Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 46.82 of Year To Date Return per Annual Yield. 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 Minnesota's earnings, one of the primary drivers of an investment's value.Fidelity One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Minnesota's direct or indirect competition against its One Year Return 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 Minnesota could also be used in its relative valuation, which is a method of valuing Fidelity Minnesota by comparing valuation metrics of similar companies.Fidelity Minnesota is currently under evaluation in one year return among similar funds.
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Minnesota's current stock value. Our valuation model uses many indicators to compare Fidelity Minnesota value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Minnesota competition to find correlations between indicators driving Fidelity Minnesota's intrinsic value. More Info.Fidelity Minnesota Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 46.82 of Year To Date Return per Annual Yield. 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 Minnesota's earnings, one of the primary drivers of an investment's value.Fund Asset Allocation for Fidelity Minnesota
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides Fidelity Minnesota'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 for 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 manage securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Total Asset | 574.54 M | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 1.25 % | ||||
| One Year Return | 5.10 % | ||||
| Three Year Return | 3.34 % | ||||
| Five Year Return | 0.91 % | ||||
| Ten Year Return | 3.50 % | ||||
| Net Asset | 574.54 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 0.88 % | ||||
| Bond Positions Weight | 99.12 % |
About Fidelity Minnesota Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Minnesota Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Minnesota using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Minnesota Municipal 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 its assets in investment-grade municipal securities whose interest is exempt from federal and Minnesota personal income taxes. It manages the fund to have similar overall interest rate risk to an index designed to represent Fidelity Management Research Companys view of how the funds competitive universe will perform over time. The fund allocates assets across different market sectors and maturities. It is non-diversified.
Also Currently Popular
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 Minnesota 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 Minnesota security.
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |