Fidelity Tactical Bond Etf Market Value
| FTBD Etf | 49.43 0.09 0.18% |
| Symbol | Fidelity |
The market value of Fidelity Tactical Bond 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 Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Tactical'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 Tactical's market value can be influenced by many factors that don't directly affect Fidelity Tactical'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 Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Tactical'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 Tactical '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 Tactical'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 Tactical.
| 12/05/2025 |
| 01/04/2026 |
If you would invest 0.00 in Fidelity Tactical on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Tactical Bond or generate 0.0% return on investment in Fidelity Tactical over 30 days. Fidelity Tactical is related to or competes with Virtus ETF, JP Morgan, Innovator, BondBloxx ETF, Goldman Sachs, Mairs Power, and Militia LongShort. Fidelity Tactical is entity of United States More
Fidelity Tactical 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 Tactical'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 Tactical Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2354 | |||
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 0.9286 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3028 |
Fidelity Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Tactical's standard deviation. In reality, there are many statistical measures that can use Fidelity Tactical historical prices to predict the future Fidelity Tactical's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | (0.05) |
Fidelity Tactical Bond Backtested Returns
At this point, Fidelity Tactical is very steady. Fidelity Tactical Bond secures Sharpe Ratio (or Efficiency) of 0.0509, which denotes the etf had a 0.0509 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Tactical Bond, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Tactical's Mean Deviation of 0.1664, downside deviation of 0.2354, and Coefficient Of Variation of 3618.11 to check if the risk estimate we provide is consistent with the expected return of 0.0105%. The etf shows a Beta (market volatility) of 0.0846, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Tactical is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
Fidelity Tactical Bond has weak reverse predictability. Overlapping area represents the amount of predictability between Fidelity Tactical time series from 5th of December 2025 to 20th of December 2025 and 20th of December 2025 to 4th 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 Tactical Bond price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Fidelity Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fidelity Tactical Bond lagged returns against current returns
Autocorrelation, which is Fidelity Tactical etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fidelity Tactical's etf expected returns. We can calculate the autocorrelation of Fidelity Tactical returns to help us make a trade decision. For example, suppose you find that Fidelity Tactical has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fidelity Tactical regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fidelity Tactical etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity Tactical etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity Tactical etf over time.
Current vs Lagged Prices |
| Timeline |
Fidelity Tactical Lagged Returns
When evaluating Fidelity Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity Tactical etf have on its future price. Fidelity Tactical autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fidelity Tactical autocorrelation shows the relationship between Fidelity Tactical etf current value and its past values and can show if there is a momentum factor associated with investing in Fidelity Tactical Bond.
Regressed Prices |
| Timeline |
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Check out Fidelity Tactical Correlation, Fidelity Tactical Volatility and Fidelity Tactical Alpha and Beta module to complement your research on Fidelity Tactical. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Fidelity Tactical 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.