Fidelity High Financials
| FCUD Etf | CAD 38.91 0.02 0.05% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.76 |
Fidelity |
The data published in Fidelity High's official financial statements typically reflect Fidelity High'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 High's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity High's liquidity, profitability, and earnings quality within the context of the Fidelity Investments Canada ULC space in which it operates.
Fidelity High Etf Summary
Fidelity High competes with Fidelity Canadian, Fidelity International, Fidelity High, Fidelity Dividend, and Fidelity High. 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.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA31645M1077 |
| 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 High 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 High's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fidelity High Key Financial Ratios
Fidelity High's financial ratios allow both analysts and investors to convert raw data from Fidelity High's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity High over time and compare it to other companies across industries.| Beta | 0.74 | |||
| Last Dividend Paid | 0.0471 |
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity High's current stock value. Our valuation model uses many indicators to compare Fidelity High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity High competition to find correlations between indicators driving Fidelity High's intrinsic value. More Info.Fidelity High Dividend is rated # 4 ETF in beta as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about 42.03 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity High'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 High Dividend Systematic Risk
Fidelity High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity High 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Fidelity High Dividend correlated with the market. If Beta is less than 0 Fidelity High generally moves in the opposite direction as compared to the market. If Fidelity High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity High Dividend is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity High is generally in the same direction as the market. If Beta > 1 Fidelity High moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity High November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity High Dividend. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity High Dividend 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 High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4724 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.9016 |
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 board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.