Fidelity International Financials
| FIDI Etf | USD 20.24 0.06 0.30% |
Net Expense Ratio 0.0018 | 3 y Sharp Ratio 0.11 |
Fidelity |
The data published in Fidelity International's official financial statements typically reflect Fidelity International'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 International's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity International's liquidity, profitability, and earnings quality within the context of the Fidelity Investments space in which it operates.
Fidelity International Etf Summary
Fidelity International competes with Fidelity International, Fidelity Momentum, Fidelity Dividend, Fidelity High, and Fidelity Value. The fund normally invests at least 80 percent of assets in securities included in the Fidelity International High Dividend Index and in depositary receipts representing securities included in the index. Fidelity International is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3160927253 |
| CUSIP | 316092725 |
| Region | Global ex-U.S. |
| Investment Issuer | Fidelity |
| Etf Family | Fidelity Investments |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Fidelity International Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity International's current stock value. Our valuation model uses many indicators to compare Fidelity International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity International competition to find correlations between indicators driving Fidelity International's intrinsic value. More Info.Fidelity International High is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 11.06 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity International's earnings, one of the primary drivers of an investment's value.Fidelity International Systematic Risk
Fidelity International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity International 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Fidelity International correlated with the market. If Beta is less than 0 Fidelity International generally moves in the opposite direction as compared to the market. If Fidelity International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity International is generally in the same direction as the market. If Beta > 1 Fidelity International moves generally in the same direction as, but more than the movement of the benchmark.
About Fidelity International Financials
What exactly are Fidelity International Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Fidelity International's income statement, its balance sheet, and the statement of cash flows. Potential Fidelity International investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fidelity International investors may use each financial statement separately, they are all related. The changes in Fidelity International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Fidelity International Thematic Clasifications
Fidelity International High is part of several thematic ideas from High Dividend Yield ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFidelity International November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity International High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity International High 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 International's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.71 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.32 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity International High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Fidelity International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Fidelity International'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 International's market value can be influenced by many factors that don't directly affect Fidelity International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity International'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.