Fidelity Nasdaq Composite Etf Price on February 16, 2024
| ONEQ Etf | USD 74.95 0.17 0.23% |
Below is the normalized historical share price chart for Fidelity Nasdaq Composite extending back to October 01, 2003. 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 Nasdaq stands at 74.95, as last reported on the 24th of November, with the highest price reaching 75.06 and the lowest price hitting 74.50 during the day.
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. Currently, Fidelity Nasdaq Composite is very steady. Fidelity Nasdaq Composite secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the etf had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fidelity Nasdaq Composite, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Nasdaq's Coefficient Of Variation of 895.37, mean deviation of 0.7723, and Downside Deviation of 1.32 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 21.37 | 200 Day MA 67.9143 | 1 y Volatility 14.53 | 50 Day MA 72.641 | Inception Date 2003-09-25 |
Fidelity |
Sharpe Ratio = 0.1042
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| Cash | ONEQ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fidelity Nasdaq is performing at about 8% 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 Nasdaq by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 399.8 K |
Fidelity Nasdaq Valuation on February 16, 2024
It is possible to determine the worth of Fidelity Nasdaq on a given historical date. On February 16, 2024 Fidelity was worth 62.44 at the beginning of the trading date compared to the closed value of 61.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Nasdaq etf. Still, in general, we apply an absolute valuation method to find Fidelity Nasdaq'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 Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 62.35 | 62.44 | 61.87 | 62.44 | 167,123 | |
02/16/2024 | 62.44 | 62.53 | 61.80 | 61.95 | 138,333 |
| 61.64 | 61.69 | 60.78 | 61.39 | 220,588 |
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Fidelity Nasdaq Trading Date Momentum on February 16, 2024
| On February 20 2024 Fidelity Nasdaq Composite was traded for 61.39 at the closing time. The top price for the day was 61.69 and the lowest listed price was 60.78 . The trading volume for the day was 220.6 K. The trading history from February 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.90% . The overall trading delta against the current closing price is 1.55% . |
Fidelity Nasdaq Composite Fundamentals Correlations and Trends
By evaluating Fidelity Nasdaq'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 Nasdaq'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 Nasdaq Etf history
Fidelity Nasdaq 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 Nasdaq Composite 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 Nasdaq stock prices may prove useful in developing a viable investing in Fidelity Nasdaq
Fidelity Nasdaq Etf Technical Analysis
Fidelity Nasdaq 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 Nasdaq Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Fidelity Nasdaq Composite cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Nasdaq November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Nasdaq 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 Nasdaq shares will generate the highest return on investment. By undertsting and applying Fidelity Nasdaq etf market strength indicators, traders can identify Fidelity Nasdaq Composite entry and exit signals to maximize returns
Fidelity Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Nasdaq'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 | 0.0888 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1113 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Fidelity Nasdaq Composite. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Fidelity Nasdaq Composite 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Fidelity Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Nasdaq'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.