Fidelity Small Mid Cap Etf Performance
| FFSM Etf | 28.75 0.50 1.77% |
The etf shows a Beta (market volatility) of 1.3, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fidelity Small will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Small Mid Cap are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Fidelity Small may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.11 |
Fidelity |
Fidelity Small Relative Risk vs. Return Landscape
If you would invest 2,704 in Fidelity Small Mid Cap on August 24, 2024 and sell it today you would earn a total of 171.00 from holding Fidelity Small Mid Cap or generate 6.32% return on investment over 90 days. Fidelity Small Mid Cap is currently generating 0.1017% in daily expected returns and assumes 1.0902% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Fidelity, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Fidelity Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Small's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Small Mid Cap, and traders can use it to determine the average amount a Fidelity Small'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 = 0.0933
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Fidelity Small is performing at about 7% 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 Small by adding it to a well-diversified portfolio.
Fidelity Small Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Small, and Fidelity Small 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 Small Performance
By examining Fidelity Small's fundamental ratios, stakeholders can obtain critical insights into Fidelity Small'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 Small 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 Small is entity of United States. It is traded as Etf on BATS exchange.| Fidelity Small Mid Cap was previously known as FSMO and was traded on NASDAQ Exchange under the symbol FSMO. |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Small Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of Fidelity Small Mid 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Small'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 Small's market value can be influenced by many factors that don't directly affect Fidelity Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Small'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.