Fidelity Preferred Securities Etf Market Value
| FPFD Etf | USD 22.07 0.01 0.05% |
| Symbol | Fidelity |
The market value of Fidelity Preferred 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Fidelity Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Preferred'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.
Fidelity Preferred '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 Preferred'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 Preferred.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Fidelity Preferred on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Preferred Securities or generate 0.0% return on investment in Fidelity Preferred over 90 days. Fidelity Preferred is related to or competes with SPDR SSgA, Nuveen Preferred, VanEck Energy, First Trust, IShares Trust, STF Tactical, and Fm Ultrashort. The fund normally invests at least 80 percent of the funds assets in preferred securities and other income-producing sec... More
Fidelity Preferred 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 Preferred'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 Preferred Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1872 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 0.7764 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2301 |
Fidelity Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Preferred's standard deviation. In reality, there are many statistical measures that can use Fidelity Preferred historical prices to predict the future Fidelity Preferred's volatility.| Risk Adjusted Performance | 0.0198 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.0176 |
Fidelity Preferred January 28, 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 | 0.0198 | |||
| Market Risk Adjusted Performance | 0.0276 | |||
| Mean Deviation | 0.1145 | |||
| Semi Deviation | 0.1044 | |||
| Downside Deviation | 0.1872 | |||
| Coefficient Of Variation | 1272.7 | |||
| Standard Deviation | 0.1534 | |||
| Variance | 0.0235 | |||
| Information Ratio | (0.44) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.0176 | |||
| Maximum Drawdown | 0.7764 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2301 | |||
| Downside Variance | 0.035 | |||
| Semi Variance | 0.0109 | |||
| Expected Short fall | (0.13) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.03 |
Fidelity Preferred Backtested Returns
At this point, Fidelity Preferred is very steady. Fidelity Preferred secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the etf had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Preferred Securities, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Preferred's Coefficient Of Variation of 1272.7, mean deviation of 0.1145, and Downside Deviation of 0.1872 to check if the risk estimate we provide is consistent with the expected return of 0.0183%. The etf shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Preferred is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Fidelity Preferred Securities has poor reverse predictability. Overlapping area represents the amount of predictability between Fidelity Preferred time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th 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 Preferred price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Fidelity Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Check out Fidelity Preferred Correlation, Fidelity Preferred Volatility and Fidelity Preferred Alpha and Beta module to complement your research on Fidelity Preferred. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Fidelity Preferred 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.