Fidelity Canadian Financials
| FCCD Etf | CAD 31.06 0.11 0.36% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.38 |
Fidelity |
The data published in Fidelity Canadian's official financial statements typically reflect Fidelity Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Fidelity Canadian's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity Canadian's liquidity, profitability, and earnings quality within the context of the Fidelity Investments Canada ULC space in which it operates.
Fidelity Canadian Etf Summary
Fidelity Canadian competes with Fidelity High, Fidelity International, Fidelity High, Fidelity Dividend, and Fidelity Canadian. Fidelity Canadian High Dividend Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Canadian High Dividend Index. FIDELITY CDN is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA31608M1023 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Fidelity Investments Canada ULC |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 800 263 4077 |
| Currency | CAD - Canadian Dollar |
You should never invest in Fidelity Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fidelity Etf, because this is throwing your money away. Analyzing the key information contained in Fidelity Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fidelity Canadian Key Financial Ratios
Fidelity Canadian's financial ratios allow both analysts and investors to convert raw data from Fidelity Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity Canadian over time and compare it to other companies across industries.Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Canadian's current stock value. Our valuation model uses many indicators to compare Fidelity Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Canadian competition to find correlations between indicators driving Fidelity Canadian's intrinsic value. More Info.Fidelity Canadian High is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 27.50 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Canadian's Etf. 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.Fidelity Canadian High Systematic Risk
Fidelity Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Fidelity Canadian High correlated with the market. If Beta is less than 0 Fidelity Canadian generally moves in the opposite direction as compared to the market. If Fidelity Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Canadian High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Canadian is generally in the same direction as the market. If Beta > 1 Fidelity Canadian moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Canadian December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Canadian High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Canadian High based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Canadian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4145 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 1.98 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.8898 |
Other Information on Investing in Fidelity Etf
Fidelity Canadian financial ratios help investors to determine whether Fidelity Etf 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 Canadian security.