Fidelity High Dividend Etf Performance

FCUD Etf  CAD 40.06  0.17  0.43%   
The etf shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity High is expected to be smaller as well.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Fidelity High Dividend has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Fidelity High is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Fidelity High Relative Risk vs. Return Landscape

If you would invest  4,200  in Fidelity High Dividend on November 1, 2025 and sell it today you would lose (211.00) from holding Fidelity High Dividend or give up 5.02% of portfolio value over 90 days. Fidelity High Dividend is generating negative expected returns and assumes 0.9472% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Fidelity, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Fidelity High is expected to under-perform the market. In addition to that, the company is 1.27 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 per unit of volatility.
Below is the normalized historical share price chart for Fidelity High Dividend extending back to September 18, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity High stands at 40.06, as last reported on the 30th of January, with the highest price reaching 40.06 and the lowest price hitting 39.77 during the day.
3 y Volatility
10.52
200 Day MA
40.4313
1 y Volatility
12.33
50 Day MA
41.0693
Inception Date
2018-09-13
 
Covid
 
Interest Hikes

Fidelity High Target Price Odds to finish over Current Price

The tendency of Fidelity Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 40.06 90 days 40.06 
about 84.13
Based on a normal probability distribution, the odds of Fidelity High to move above the current price in 90 days from now is about 84.13 (This Fidelity High Dividend probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fidelity High has a beta of 0.26. This usually indicates as returns on the market go up, Fidelity High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity High Dividend will be expected to be much smaller as well. Additionally Fidelity High Dividend has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Fidelity High Price Density   
       Price  

Predictive Modules for Fidelity High

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity High Dividend. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
38.9439.8940.84
Details
Intrinsic
Valuation
LowRealHigh
35.9236.8743.88
Details

Fidelity High Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity High is not an exception. The market had few large corrections towards the Fidelity High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fidelity High Dividend, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity High within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.12
β
Beta against Dow Jones0.26
σ
Overall volatility
1.09
Ir
Information ratio -0.17

Fidelity High Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fidelity High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity High Dividend can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Fidelity High generated a negative expected return over the last 90 days
Latest headline from news.google.com: Investment Report - Stock Traders Daily
The fund retains 99.87% of its assets under management (AUM) in equities

Fidelity High Fundamentals Growth

Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity High, and Fidelity High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
Total Asset116.26 M

About Fidelity High Performance

By examining Fidelity High's fundamental ratios, stakeholders can obtain critical insights into Fidelity High's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fidelity High is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
High Dividend Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. FIDELITY is traded on Toronto Stock Exchange in Canada.
Fidelity High generated a negative expected return over the last 90 days
Latest headline from news.google.com: Investment Report - Stock Traders Daily
The fund retains 99.87% of its assets under management (AUM) in equities
When determining whether Fidelity High Dividend is a strong investment it is important to analyze Fidelity High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity High's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity High Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Fidelity High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Fidelity High's market price signifies the transaction level at which participants voluntarily complete trades.