Fidelity Canadian Growth Fund Quote
| FID265 Fund | 117.03 0.33 0.28% |
Performance29 of 100
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Fidelity Canadian is trading at 117.03 as of the 2nd of December 2024, a 0.28 percent increase since the beginning of the trading day. The fund's open price was 116.7. Fidelity Canadian has hardly any chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for Fidelity Canadian Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Fidelity Canadian Growth Risk Profiles
Although Fidelity Canadian's alpha and beta are two of the key measurements used to evaluate Fidelity Canadian's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4743 | |||
| Semi Deviation | 0.2126 | |||
| Standard Deviation | 0.6324 | |||
| Variance | 0.3999 |
Fidelity Canadian Against Markets
Fidelity Canadian Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Canadian fund to make a market-neutral strategy. Peer analysis of Fidelity Canadian could also be used in its relative valuation, which is a method of valuing Fidelity Canadian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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