Fidelity Preferred Securities Etf Price on November 1, 2024
| FPFD Etf | USD 21.95 0.02 0.09% |
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fidelity Preferred stands at 21.95, as last reported on the 30th of November, with the highest price reaching 21.97 and the lowest price hitting 21.92 during the day. At this point, Fidelity Preferred is very steady. Fidelity Preferred secures Sharpe Ratio (or Efficiency) of 0.0692, which denotes the etf had a 0.0692% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fidelity Preferred Securities, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Preferred's Downside Deviation of 0.2978, coefficient of variation of 1481.93, and Mean Deviation of 0.2044 to check if the risk estimate we provide is consistent with the expected return of 0.0182%.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fidelity |
Sharpe Ratio = 0.0692
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| Negative Returns | FPFD |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fidelity Preferred is performing at about 5% 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 Preferred by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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Fidelity Preferred Valuation on November 1, 2024
It is possible to determine the worth of Fidelity Preferred on a given historical date. On November 1, 2024 Fidelity was worth 21.85 at the beginning of the trading date compared to the closed value of 21.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Preferred etf. Still, in general, we apply an absolute valuation method to find Fidelity Preferred'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 Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Preferred's related companies.
| Open | High | Low | Close | Volume | |
| 21.94 | 21.94 | 21.81 | 21.84 | 56,200 | |
11/01/2024 | 21.85 | 21.86 | 21.76 | 21.76 | 6,100 |
| 21.85 | 21.89 | 21.81 | 21.86 | 12,300 |
| Backtest Fidelity Preferred | | | Fidelity Preferred History | | | Fidelity Preferred Valuation | Previous | Next |
Fidelity Preferred Trading Date Momentum on November 1, 2024
| On November 04 2024 Fidelity Preferred Securities was traded for 21.86 at the closing time. The top price for the day was 21.89 and the lowest listed price was 21.81 . The trading volume for the day was 12.3 K. The trading history from November 4, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.46% . The overall trading delta against the current closing price is 1.29% . |
Fidelity Preferred Fundamentals Correlations and Trends
By evaluating Fidelity Preferred'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 Preferred'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 Preferred Etf history
Fidelity Preferred 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 Preferred 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 Preferred stock prices may prove useful in developing a viable investing in Fidelity Preferred
Fidelity Preferred Etf Technical Analysis
Fidelity Preferred 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 Preferred Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fidelity Preferred Securities 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 Preferred November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Preferred 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 Preferred shares will generate the highest return on investment. By undertsting and applying Fidelity Preferred etf market strength indicators, traders can identify Fidelity Preferred Securities entry and exit signals to maximize returns
Fidelity Preferred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Preferred'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 | 0.0324 | |||
| Jensen Alpha | 0.0023 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.1832 |
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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.