Fidelity Canadian Value Etf Performance

FCCV Etf  CAD 21.50  0.03  0.14%   
The etf shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. 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

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Canadian Value are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Fidelity Canadian displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Fidelity Canadian Relative Risk vs. Return Landscape

If you would invest  1,864  in Fidelity Canadian Value on October 28, 2025 and sell it today you would earn a total of  286.00  from holding Fidelity Canadian Value or generate 15.34% return on investment over 90 days. Fidelity Canadian Value is generating 0.2338% of daily returns and assumes 0.8161% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Fidelity, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Fidelity Canadian is expected to generate 1.11 times more return on investment than the market. However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.29 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.
Below is the normalized historical share price chart for Fidelity Canadian Value extending back to June 15, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity Canadian stands at 21.50, as last reported on the 26th of January, with the highest price reaching 21.55 and the lowest price hitting 21.43 during the day.
3 y Volatility
12.92
200 Day MA
17.8178
1 y Volatility
10.79
50 Day MA
20.3658
Inception Date
2020-06-05
 
Covid
 
Interest Hikes

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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 21.50 90 days 21.50 
nearly 4.47
Based on a normal probability distribution, the odds of Fidelity Canadian to move above the current price in 90 days from now is nearly 4.47 (This Fidelity Canadian Value 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 0.24. 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 Value will be expected to be much smaller as well. Additionally Fidelity Canadian Value has an alpha of 0.21, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Fidelity Canadian Price Density   
       Price  

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 Value. 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.
Hype
Prediction
LowEstimatedHigh
20.6621.4822.30
Details
Intrinsic
Valuation
LowRealHigh
19.3522.9823.80
Details
Naive
Forecast
LowNextHigh
20.7321.5422.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.1120.9321.74
Details

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 Value, 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
0.21
β
Beta against Dow Jones0.24
σ
Overall volatility
0.93
Ir
Information ratio 0.20

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 Value can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily
The fund retains 97.24% 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.

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.
FIDELITY CANADIAN is traded on Toronto Stock Exchange in Canada.
Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily
The fund retains 97.24% 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.