Fidelity Quality Financials
| FQAL Etf | USD 65.69 1.91 2.83% |
Net Expense Ratio 0.0015 | 3 y Sharp Ratio 0.4 |
Fidelity |
The data published in Fidelity Quality's official financial statements typically reflect Fidelity Quality's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Fidelity Quality's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity Quality's liquidity, profitability, and earnings quality within the context of the Fidelity Investments space in which it operates.
Fidelity Quality Etf Summary
Fidelity Quality competes with Vanguard, Vanguard Real, Vanguard Total, and Vanguard High. The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Quality is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3160927907 |
| CUSIP | 316092790 |
| Region | North America |
| Investment Issuer | Fidelity |
| Etf Family | Fidelity Investments |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Fidelity Quality Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Quality's current stock value. Our valuation model uses many indicators to compare Fidelity Quality value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Quality competition to find correlations between indicators driving Fidelity Quality's intrinsic value. More Info.Fidelity Quality Factor is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Fidelity Quality Factor is roughly 5.29 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Fidelity Quality by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fidelity Quality Factor Systematic Risk
Fidelity Quality's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Quality volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Fidelity Quality Factor correlated with the market. If Beta is less than 0 Fidelity Quality generally moves in the opposite direction as compared to the market. If Fidelity Quality Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Quality Factor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Quality is generally in the same direction as the market. If Beta > 1 Fidelity Quality moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Quality Thematic Clasifications
Fidelity Quality Factor is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFidelity Quality December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Quality help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Quality Factor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Quality Factor based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Quality's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5767 | |||
| Information Ratio | 0.0447 | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9468 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Quality Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Fidelity Quality Factor 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Quality'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 Quality's market value can be influenced by many factors that don't directly affect Fidelity Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Quality'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.