Fidelity Blue Chip Etf Price on November 18, 2024
FBCG Etf | USD 46.01 0.38 0.83% |
Below is the normalized historical share price chart for Fidelity Blue Chip extending back to June 04, 2020. 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 Blue stands at 46.01, as last reported on the 30th of November, with the highest price reaching 46.07 and the lowest price hitting 45.55 during the day.
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. Fidelity Blue appears to be very steady, given 3 months investment horizon. Fidelity Blue Chip secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the etf had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Blue Chip, which you can use to evaluate the volatility of the entity. Please utilize Fidelity Blue's Downside Deviation of 1.38, mean deviation of 0.8038, and Coefficient Of Variation of 687.2 to check if our risk estimates are consistent with your expectations.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 24.91 | 200 Day MA 40.8264 | 1 y Volatility 16.16 | 50 Day MA 43.9676 | Inception Date 2020-06-02 |
Fidelity |
Sharpe Ratio = 0.2079
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Estimated Market Risk
1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Fidelity Blue is performing at about 16% 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 Blue by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 550.4 K |
Fidelity Blue Valuation on November 18, 2024
It is possible to determine the worth of Fidelity Blue on a given historical date. On November 18, 2024 Fidelity was worth 44.47 at the beginning of the trading date compared to the closed value of 44.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Blue etf. Still, in general, we apply an absolute valuation method to find Fidelity Blue'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 Blue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Blue's related companies.
Open | High | Low | Close | Volume | |
45.08 | 45.12 | 44.29 | 44.59 | 632,677 | |
11/18/2024 | 44.47 | 44.89 | 44.27 | 44.72 | 356,539 |
44.54 | 45.40 | 44.37 | 45.38 | 814,604 |
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Fidelity Blue Trading Date Momentum on November 18, 2024
On November 19 2024 Fidelity Blue Chip was traded for 45.38 at the closing time. The top price for the day was 45.40 and the lowest listed price was 44.37 . The trading volume for the day was 814.6 K. The trading history from November 19, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 1.48% . The overall trading delta against the current closing price is 2.17% . |
Fidelity Blue Chip Fundamentals Correlations and Trends
By evaluating Fidelity Blue'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 Blue'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 Blue Etf history
Fidelity Blue 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 Blue Chip 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 Blue stock prices may prove useful in developing a viable investing in Fidelity Blue
Normally the fund invests at least 80 percent of assets in blue chip companies view, are well-known, well-established and well-capitalized, which generally have large or medium market capitalizations. Fidelity Blue is traded on BATS Exchange in the United States.
Fidelity Blue Etf Technical Analysis
Fidelity Blue technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Fidelity Blue Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fidelity Blue Chip cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Blue November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Blue etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Blue shares will generate the highest return on investment. By undertsting and applying Fidelity Blue etf market strength indicators, traders can identify Fidelity Blue Chip entry and exit signals to maximize returns
Fidelity Blue Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Blue's price direction in advance. Along with the technical and fundamental analysis of Fidelity Etf 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.
Risk Adjusted Performance | 0.1146 | |||
Jensen Alpha | 0.0346 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0212 | |||
Treynor Ratio | 0.1636 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Blue Chip. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Fidelity Blue Chip 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 Blue's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Blue'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 Blue's market value can be influenced by many factors that don't directly affect Fidelity Blue'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 Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Blue'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.