Fidelity Canada Fund Price on December 10, 2024

FACNX Fund  USD 65.48  0.20  0.30%   
Below is the normalized historical share price chart for Fidelity Canada Fund extending back to May 08, 2007. 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 Canada stands at 65.48, as last reported on the 30th of December, with the highest price reaching 65.48 and the lowest price hitting 65.48 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fidelity Mutual Fund, it is important to understand the factors that can impact its price. Fidelity Canada secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the fund had a -0.14% return per unit of risk over the last 3 months. Fidelity Canada Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidelity Canada's Standard Deviation of 1.06, mean deviation of 0.6034, and Variance of 1.13 to check the risk estimate we provide.
  
Fidelity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1395

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFACNX

Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fidelity Canada is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Canada by adding Fidelity Canada to a well-diversified portfolio.

Fidelity Canada Valuation on December 10, 2024

It is possible to determine the worth of Fidelity Canada on a given historical date. On December 10, 2024 Fidelity was worth 73.19 at the beginning of the trading date compared to the closed value of 73.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Canada mutual fund. Still, in general, we apply an absolute valuation method to find Fidelity Canada's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Canada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Canada's related companies.
 Open High Low Close Volume
  73.55    73.55    73.55    73.55    1.00  
12/10/2024
  73.19    73.19    73.19    73.19    1.00  
  73.64    73.64    73.64    73.64    1.00  
Backtest Fidelity Canada  |  Fidelity Canada History  |  Fidelity Canada Valuation   PreviousNext  
Open Value
73.19
73.19
Closing Value
76.44
Upside

Fidelity Canada Trading Date Momentum on December 10, 2024

On December 11 2024 Fidelity Canada Fund was traded for  73.64  at the closing time. The highest daily price throughout the period was 73.64  and the lowest price was  73.64 . There was no trading activity during the period 1.0. Lack of trading volume on 12/11/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 10.93% .

Fidelity Canada Fundamentals Correlations and Trends

By evaluating Fidelity Canada's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Canada's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fidelity Canada Mutual Fund history

Fidelity Canada investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Canada will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Canada stock prices may prove useful in developing a viable investing in Fidelity Canada
The fund normally invests at least 80 percent of assets in securities of Canadian issuers and other investments that are tied economically to Canada. It invests potentially in securities of U.S. issuers. The fund normally invests primarily in common stocks. It invests up to 35 percent of total assets in any industry that accounts for more than 20 percent of the Canadian market. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments.

Fidelity Canada Mutual Fund Technical Analysis

Fidelity Canada technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Fidelity Canada technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity Canada trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity Canada Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fidelity Canada Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Fidelity Canada December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Fidelity Canada mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Canada shares will generate the highest return on investment. By undertsting and applying Fidelity Canada mutual fund market strength indicators, traders can identify Fidelity Canada Fund entry and exit signals to maximize returns

Fidelity Canada Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fidelity Canada's price direction in advance. Along with the technical and fundamental analysis of Fidelity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Fidelity Mutual Fund

Fidelity Canada 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 Canada security.
CEOs Directory
Screen CEOs from public companies around the world
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Valuation
Check real value of public entities based on technical and fundamental data
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios