Fidelity Metaverse (UK) Performance
| FMTV Etf | 5.28 0.03 0.56% |
The etf shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Metaverse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Metaverse is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Metaverse UCITS are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Fidelity Metaverse may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Fidelity Metaverse Relative Risk vs. Return Landscape
If you would invest 493.00 in Fidelity Metaverse UCITS on August 29, 2024 and sell it today you would earn a total of 35.00 from holding Fidelity Metaverse UCITS or generate 7.1% return on investment over 90 days. Fidelity Metaverse UCITS is generating 0.1097% of daily returns and assumes 0.9138% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Fidelity, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fidelity Metaverse Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Metaverse's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Metaverse UCITS, and traders can use it to determine the average amount a Fidelity Metaverse'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 = 0.12
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Metaverse is performing at about 9% 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 Metaverse by adding it to a well-diversified portfolio.
About Fidelity Metaverse Performance
Assessing Fidelity Metaverse's fundamental ratios provides investors with valuable insights into Fidelity Metaverse's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fidelity Metaverse is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Fidelity Metaverse is entity of United Kingdom. It is traded as Etf on LSE exchange.