Fidelity Clean (Germany) Profile
Fidelity Clean is trading at 2.95 as of the 15th of March 2025, a No Change since the beginning of the trading day. The etf's lowest day price was 2.95. The performance scores are derived for the period starting the 15th of December 2024 and ending today, the 15th of March 2025. Click here to learn more.
Fidelity Clean Energy Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Clean. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.19 | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.61 | |||
| Risk Adjusted Performance | (0.04) |
Fidelity Clean Against Markets
Fidelity Clean Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Clean etf to make a market-neutral strategy. Peer analysis of Fidelity Clean could also be used in its relative valuation, which is a method of valuing Fidelity Clean by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |