Fidelity Dividend For Etf Performance

FCRR Etf  CAD 45.14  0.42  0.94%   
The etf shows a Beta (market volatility) of 0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Dividend is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Dividend for are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Fidelity Dividend may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Fidelity Investments Canada ULC Announces Estimated 2024 Annual Reinvested Capital Gains Distributions for Fidelity ETFs and ETF Series of Fidelity Mutual Funds...
11/22/2024
In Threey Sharp Ratio0.78
  

Fidelity Dividend Relative Risk vs. Return Landscape

If you would invest  4,084  in Fidelity Dividend for on August 29, 2024 and sell it today you would earn a total of  430.00  from holding Fidelity Dividend for or generate 10.53% return on investment over 90 days. Fidelity Dividend for is generating 0.1615% of daily returns and assumes 0.712% volatility on return distribution over the 90 days horizon. Simply put, 6% 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.
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Assuming the 90 days trading horizon Fidelity Dividend is expected to generate 0.92 times more return on investment than the market. However, the company is 1.08 times less risky than the market. It trades about 0.23 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.17 per unit of risk.

Fidelity Dividend Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Dividend's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Dividend for, and traders can use it to determine the average amount a Fidelity Dividend's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2268

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Estimated Market Risk

 0.71
  actual daily
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94% of assets are more volatile

Expected Return

 0.16
  actual daily
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97% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average Fidelity Dividend is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Dividend by adding it to a well-diversified portfolio.

Fidelity Dividend Fundamentals Growth

Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Dividend, and Fidelity Dividend 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 Dividend Performance

By examining Fidelity Dividend's fundamental ratios, stakeholders can obtain critical insights into Fidelity Dividend'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 Dividend 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.
Dividend for Rising Rates Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. FIDELITY is traded on Toronto Stock Exchange in Canada.

Other Information on Investing in Fidelity Etf

Fidelity Dividend 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 Dividend security.