Fidelity Etf Performance

FTEC
 Etf
  

USD 113.33  0.07  0.06%   

The etf shows a Beta (market volatility) of 1.376, which means a somewhat significant risk relative to the market. Let's try to break down what Fidelity's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fidelity Info will likely underperform. Although it is vital to follow Fidelity Info Tech historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Fidelity Info Tech, which you can use to evaluate the performance of the entity.
  
Fidelity Performance
29 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Info Tech are ranked lower than 29 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, Fidelity Info sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Fidelity Price Channel

Fifty Two Week Low92.78
Fifty Two Week High138.08

Fidelity Info Relative Risk vs. Return Landscape

If you would invest  9,827  in Fidelity Info Tech on May 13, 2022 and sell it today you would earn a total of  1,506  from holding Fidelity Info Tech or generate 15.33% return on investment over 90 days. Fidelity Info Tech is currently generating 0.6343% in daily expected returns and assumes 1.6243% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than Fidelity, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Fidelity Info is expected to generate 1.68 times more return on investment than the market. However, the company is 1.68 times more volatile than its market benchmark. It trades about 0.39 of its potential returns per unit of risk. The DOW is currently generating roughly 0.38 per unit of risk.

Fidelity Info Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Info's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Info Tech, and traders can use it to determine the average amount a Fidelity Info's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.3905

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsFTEC
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 1.62
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.63
  actual daily
 
 12 %
of total potential
 
1212
Risk-Adjusted Return
 0.39
  actual daily
 
 29 %
of total potential
 
2929
Based on monthly moving average Fidelity Info is performing at about 29% of its full potential. 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 Info by adding it to a well-diversified portfolio.

About Fidelity Info Performance

To evaluate Fidelity Info Tech Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fidelity Info generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fidelity Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fidelity Info Tech stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Fidelity's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Info is traded on NYSEArca Exchange in the United States.

Things to note about Fidelity Info Tech

Checking the ongoing alerts about Fidelity Info for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Info Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Fidelity Info Alerts

Equity Alerts and Improvement Suggestions

On 23rd of June 2022 Fidelity Info paid $ 0.215 per share dividend to its current shareholders
The fund retains 99.88% of its assets under management (AUM) in equities
Please check Investing Opportunities. Note that the Fidelity Info Tech information on this page should be used as a complementary analysis to other Fidelity Info's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Fidelity Etf analysis

When running Fidelity Info Tech price analysis, check to measure Fidelity Info's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Info is operating at the current time. Most of Fidelity Info's value examination focuses on studying past and present price action to predict the probability of Fidelity Info's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fidelity Info's price. Additionally, you may evaluate how the addition of Fidelity Info to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
The market value of Fidelity Info Tech is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Info's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Info's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Info's market value can be influenced by many factors that don't directly affect Fidelity Info's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Info's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity Info value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Info's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.