Fidelity Canadian High Etf Performance
| FCCQ Etf | CAD 50.83 0.31 0.61% |
The etf shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Canadian is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Canadian High are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Fidelity Canadian may actually be approaching a critical reversion point that can send shares even higher in March 2026. ...more
Fidelity |
Fidelity Canadian Relative Risk vs. Return Landscape
If you would invest 4,615 in Fidelity Canadian High on November 1, 2025 and sell it today you would earn a total of 468.00 from holding Fidelity Canadian High or generate 10.14% return on investment over 90 days. Fidelity Canadian High is generating 0.162% of daily returns and assumes 0.853% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Fidelity, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fidelity Canadian Target Price Odds to finish over Current Price
The tendency of Fidelity Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 50.83 | 90 days | 50.83 | about 10.77 |
Based on a normal probability distribution, the odds of Fidelity Canadian to move above the current price in 90 days from now is about 10.77 (This Fidelity Canadian High probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fidelity Canadian has a beta of 0.32. This usually indicates as returns on the market go up, Fidelity Canadian average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Canadian High will be expected to be much smaller as well. Additionally Fidelity Canadian High has an alpha of 0.1382, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fidelity Canadian Price Density |
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Predictive Modules for Fidelity Canadian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity Canadian High. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Fidelity Canadian Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity Canadian is not an exception. The market had few large corrections towards the Fidelity Canadian's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fidelity Canadian High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity Canadian within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | 0.12 |
Fidelity Canadian Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fidelity Canadian for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity Canadian High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains 99.98% of its assets under management (AUM) in equities |
Fidelity Canadian Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Canadian, and Fidelity Canadian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
| Total Asset | 5.43 M | |||
About Fidelity Canadian Performance
By examining Fidelity Canadian's fundamental ratios, stakeholders can obtain critical insights into Fidelity Canadian's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fidelity Canadian is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Canadian High Quality Index . FIDELITY CANADIAN is traded on Toronto Stock Exchange in Canada.| The fund retains 99.98% of its assets under management (AUM) in equities |
Other Information on Investing in Fidelity Etf
Fidelity Canadian financial ratios help investors to determine whether Fidelity Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Canadian security.