Fidelity International Multifactor Etf Performance
| FDEV Etf | USD 28.02 0.18 0.64% |
The etf shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity International is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Fidelity International Multifactor has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, Fidelity International is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Frontier Developments plots turnaround - Investors Chronicle | 09/11/2024 |
| In Threey Sharp Ratio | -0.08 |
Fidelity |
Fidelity International Relative Risk vs. Return Landscape
If you would invest 2,939 in Fidelity International Multifactor on August 29, 2024 and sell it today you would lose (137.00) from holding Fidelity International Multifactor or give up 4.66% of portfolio value over 90 days. Fidelity International Multifactor is currently does not generate positive expected returns and assumes 0.6385% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Fidelity, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fidelity International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity International Multifactor, and traders can use it to determine the average amount a Fidelity International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDEV |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity International is not performing at its full potential. However, 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 International by adding Fidelity International to a well-diversified portfolio.
Fidelity International Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity International, and Fidelity International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
| Total Asset | 12.7 M | |||
About Fidelity International Performance
Evaluating Fidelity International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity International has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Fidelity Emerging is traded on BATS Exchange in the United States.| Fidelity International generated a negative expected return over the last 90 days | |
| The fund retains 99.61% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity International Multifactor. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Fidelity International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Fidelity International'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 International's market value can be influenced by many factors that don't directly affect Fidelity International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity International'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.