Fidelity High Valuation
| FCUD Etf | CAD 38.80 0.05 0.13% |
At this time, the entity appears to be fairly valued. Fidelity High Dividend shows a prevailing Real Value of C$38.44 per share. The current price of the entity is C$38.8. Our model computes the value of Fidelity High Dividend from reviewing the entity fundamentals such as Equity Positions Weight of 99.87 %, one year return of 30.10 %, and Last Dividend Paid of 0.0471 as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Fidelity High's price fluctuation is very steady at this time. Calculation of the real value of Fidelity High Dividend is based on 3 months time horizon. Increasing Fidelity High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Fidelity High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Etf. However, Fidelity High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 38.8 | Real 38.44 | Hype 38.8 | Naive 39.44 |
The intrinsic value of Fidelity High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity High Dividend helps investors to forecast how Fidelity etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity High more accurately as focusing exclusively on Fidelity High's fundamentals will not take into account other important factors: About Fidelity High Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Fidelity High Dividend. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Fidelity High Dividend based exclusively on its fundamental and basic technical indicators. By analyzing Fidelity High's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Fidelity High's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity High. We calculate exposure to Fidelity High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity High's related companies.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.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.