Fidelity Etf Net Asset
| FDWM Etf | USD 26.89 0.00 0.00% |
As of the 26th of January, Fidelity shows the Coefficient Of Variation of 615.16, mean deviation of 0.5048, and Downside Deviation of 0.7958. Fidelity technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm Fidelity standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Fidelity is priced favorably, providing market reflects its regular price of 26.89 per share.
Fidelity's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fidelity's valuation are provided below:Fidelity does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Fidelity | Build AI portfolio with Fidelity Etf |
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, Fidelity has a Net Asset of 2.29 M. This is 99.91% lower than that of the Fidelity Investments family and significantly higher than that of the Large Blend category. The net asset for all United States etfs is 99.9% higher than that of the company.
Fidelity Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Fidelity could also be used in its relative valuation, which is a method of valuing Fidelity by comparing valuation metrics of similar companies.Fidelity is currently under evaluation in net asset as compared to similar ETFs.
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity's current stock value. Our valuation model uses many indicators to compare Fidelity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity competition to find correlations between indicators driving Fidelity's intrinsic value. More Info.Fidelity is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 14.73 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fidelity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for Fidelity
The fund consists of 96.81% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Fidelity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Beta | 1.12 | |||
| Total Asset | 2.29 M | |||
| One Year Return | 16.50 % | |||
| Three Year Return | 16.70 % | |||
| Net Asset | 2.29 M | |||
| Equity Positions Weight | 96.81 % |
About Fidelity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ProphetCheck out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Fidelity 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's value that differs from its market value or its book value, called intrinsic value, which is Fidelity'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's market value can be influenced by many factors that don't directly affect Fidelity'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity'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.