Fidelity High Quality Etf Price on July 4, 2024

FCUQ Etf  CAD 65.77  0.43  0.65%   
Below is the normalized historical share price chart for Fidelity High Quality extending back to January 24, 2019. 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 High stands at 65.77, as last reported on the 27th of November, with the highest price reaching 66.25 and the lowest price hitting 65.77 during the day.
3 y Volatility
13.77
200 Day MA
57.5379
1 y Volatility
8.28
50 Day MA
62.3088
Inception Date
2019-01-18
 
Covid
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. As of now, Fidelity Etf is very steady. Fidelity High Quality secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the etf had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity High Quality, which you can use to evaluate the volatility of the entity. Please confirm Fidelity High's Downside Deviation of 0.6156, mean deviation of 0.4741, and Coefficient Of Variation of 383.13 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.264

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Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Fidelity High is performing at about 20% 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 High by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
285.3 K

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Fidelity High Valuation on July 4, 2024

It is possible to determine the worth of Fidelity High on a given historical date. On July 4, 2024 Fidelity was worth 57.38 at the beginning of the trading date compared to the closed value of 57.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity High etf. Still, in general, we apply an absolute valuation method to find Fidelity High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity High's related companies.
 Open High Low Close Volume
  57.56    57.78    57.56    57.74    5,800  
07/04/2024
  57.38    57.94    57.38    57.81    13,900  
  57.82    57.82    57.61    57.72    7,500  
Backtest Fidelity High  |  Fidelity High History  |  Fidelity High Valuation   PreviousNext  
Open Value
57.38
57.81
Closing Value
59.47
Upside

Fidelity High Trading Date Momentum on July 4, 2024

On July 05 2024 Fidelity High Quality was traded for  57.72  at the closing time. The highest price during the trading period was 57.82  and the lowest recorded bid was listed for  57.61 . The volume for the day was 7.5 K. This history from July 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.16% . The overall trading delta to the current price is 2.14% .

Fidelity High Quality Fundamentals Correlations and Trends

By evaluating Fidelity High'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 High'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 High Etf history

Fidelity High 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 High Quality 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 High stock prices may prove useful in developing a viable investing in Fidelity High

Fidelity High Etf Technical Analysis

Fidelity High 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.
A focus of Fidelity High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fidelity High Period Price Range

Low
November 27, 2024
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High

 0.00 

     

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Fidelity High Quality cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 High November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Fidelity High 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 High shares will generate the highest return on investment. By undertsting and applying Fidelity High etf market strength indicators, traders can identify Fidelity High Quality entry and exit signals to maximize returns

Fidelity High Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fidelity High'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.

Other Information on Investing in Fidelity Etf

Fidelity High financial ratios help investors to determine whether Fidelity Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity High security.