Fidelity High Yield Etf Market Value
| FDHY Etf | USD 49.40 0.22 0.44% |
| Symbol | Fidelity |
The market value of Fidelity High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is Fidelity High'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 High's market value can be influenced by many factors that don't directly affect Fidelity High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Fidelity High's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Fidelity High 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity High's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity High.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Fidelity High on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity High Yield or generate 0.0% return on investment in Fidelity High over 90 days. Fidelity High is related to or competes with Principal Active, WisdomTree Dynamic, Invesco SP, Vanguard Quality, Quadratic Interest, First Trust, and MAX S. The fund normally invests at least 80 percent of its assets in debt securities rated below investment grade More
Fidelity High Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity High's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2055 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 0.8242 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2478 |
Fidelity High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity High's standard deviation. In reality, there are many statistical measures that can use Fidelity High historical prices to predict the future Fidelity High's volatility.| Risk Adjusted Performance | 0.0872 | |||
| Jensen Alpha | 0.0121 | |||
| Total Risk Alpha | 0.0062 | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.1477 |
Fidelity High January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0872 | |||
| Market Risk Adjusted Performance | 0.1577 | |||
| Mean Deviation | 0.1344 | |||
| Downside Deviation | 0.2055 | |||
| Coefficient Of Variation | 611.54 | |||
| Standard Deviation | 0.175 | |||
| Variance | 0.0306 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | 0.0121 | |||
| Total Risk Alpha | 0.0062 | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.1477 | |||
| Maximum Drawdown | 0.8242 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2478 | |||
| Downside Variance | 0.0422 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.15) | |||
| Skewness | (0.30) | |||
| Kurtosis | 0.5751 |
Fidelity High Yield Backtested Returns
At this stage we consider Fidelity Etf to be very steady. Fidelity High Yield secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fidelity High Yield, which you can use to evaluate the volatility of the entity. Please confirm Fidelity High's Mean Deviation of 0.1344, coefficient of variation of 611.54, and Standard Deviation of 0.175 to check if the risk estimate we provide is consistent with the expected return of 0.0339%. The etf shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity High is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Fidelity High Yield has good predictability. Overlapping area represents the amount of predictability between Fidelity High time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity High Yield price movement. The serial correlation of 0.77 indicates that around 77.0% of current Fidelity High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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Check out Fidelity High Correlation, Fidelity High Volatility and Fidelity High Performance module to complement your research on Fidelity High. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Fidelity High 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.