Fidelity Enhanced Small Etf Market Value
| FESM Etf | 40.08 0.51 1.29% |
| Symbol | Fidelity |
Investors evaluate Fidelity Enhanced Small using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Fidelity Enhanced's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Fidelity Enhanced's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Fidelity Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Fidelity Enhanced's market price signifies the transaction level at which participants voluntarily complete trades.
Fidelity Enhanced '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 Enhanced'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 Enhanced.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Fidelity Enhanced on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Enhanced Small or generate 0.0% return on investment in Fidelity Enhanced over 90 days. Fidelity Enhanced is related to or competes with SPDR SP, Fidelity Covington, Invesco FTSE, IShares MSCI, Fidelity MSCI, SPDR SP, and SPDR SP. Fidelity Enhanced is entity of United States More
Fidelity Enhanced 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 Enhanced'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 Enhanced Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0437 | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.91 |
Fidelity Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Enhanced's standard deviation. In reality, there are many statistical measures that can use Fidelity Enhanced historical prices to predict the future Fidelity Enhanced's volatility.| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | 0.0393 | |||
| Total Risk Alpha | 0.0235 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.0923 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity Enhanced's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fidelity Enhanced February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0858 | |||
| Market Risk Adjusted Performance | 0.1023 | |||
| Mean Deviation | 0.9039 | |||
| Semi Deviation | 0.9903 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 977.25 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Information Ratio | 0.0437 | |||
| Jensen Alpha | 0.0393 | |||
| Total Risk Alpha | 0.0235 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.0923 | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.91 | |||
| Downside Variance | 1.34 | |||
| Semi Variance | 0.9806 | |||
| Expected Short fall | (0.94) | |||
| Skewness | 0.2048 | |||
| Kurtosis | 0.6546 |
Fidelity Enhanced Small Backtested Returns
Fidelity Enhanced appears to be very steady, given 3 months investment horizon. Fidelity Enhanced Small secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the etf had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Enhanced Small, which you can use to evaluate the volatility of the entity. Please utilize Fidelity Enhanced's Downside Deviation of 1.16, coefficient of variation of 977.25, and Mean Deviation of 0.9039 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.21, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fidelity Enhanced will likely underperform.
Auto-correlation | 0.68 |
Good predictability
Fidelity Enhanced Small has good predictability. Overlapping area represents the amount of predictability between Fidelity Enhanced time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 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 Enhanced Small price movement. The serial correlation of 0.68 indicates that around 68.0% of current Fidelity Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
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Fidelity Enhanced 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.