Fidelity Preferred Financials
| FPFD Etf | USD 21.96 0.04 0.18% |
Net Expense Ratio 0.0059 | 3 y Sharp Ratio (0.28) |
Fidelity |
The data published in Fidelity Preferred's official financial statements typically reflect Fidelity Preferred'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 Preferred's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity Preferred's liquidity, profitability, and earnings quality within the context of the Fidelity Investments space in which it operates.
Please note, the presentation of Fidelity Preferred's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fidelity Preferred's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fidelity Preferred's management manipulating its earnings.
Fidelity Preferred Etf Summary
Fidelity Preferred competes with Fidelity Investment, Fidelity Investment, Fidelity High, and Fidelity Corporate. The fund normally invests at least 80 percent of the funds assets in preferred securities and other income-producing securities. Fidelity Preferred is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 316092261 |
| Region | Global |
| Investment Issuer | Fidelity |
| Etf Family | Fidelity Investments |
| Fund Category | Corporate |
| Portfolio Concentration | Preferred Securities |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Fidelity Preferred Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Preferred's current stock value. Our valuation model uses many indicators to compare Fidelity Preferred value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Preferred competition to find correlations between indicators driving Fidelity Preferred's intrinsic value. More Info.Fidelity Preferred Securities 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 14.13 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fidelity Preferred by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fidelity Preferred Systematic Risk
Fidelity Preferred's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Preferred 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 Preferred correlated with the market. If Beta is less than 0 Fidelity Preferred generally moves in the opposite direction as compared to the market. If Fidelity Preferred Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Preferred is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Preferred is generally in the same direction as the market. If Beta > 1 Fidelity Preferred moves generally in the same direction as, but more than the movement of the benchmark.
About Fidelity Preferred Financials
What exactly are Fidelity Preferred 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 Preferred's income statement, its balance sheet, and the statement of cash flows. Potential Fidelity Preferred investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fidelity Preferred investors may use each financial statement separately, they are all related. The changes in Fidelity Preferred's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Preferred'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 Preferred Thematic Clasifications
Fidelity Preferred Securities is part of Corporate ETFs investing theme. 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. USA ETFs from Corporate clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Corporate clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Corporate ETFs | View |
Fidelity Preferred November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Preferred help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Preferred Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Preferred Securities 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 Preferred's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2966 | |||
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.09 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.4537 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Preferred Securities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Fidelity Preferred 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Fidelity Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Preferred'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.