Fidelity Small Financials
| FSMD Etf | USD 41.34 0.10 0.24% |
Net Expense Ratio 0.0015 | 3 y Sharp Ratio 0.2 |
Fidelity |
The data published in Fidelity Small's official financial statements typically reflect Fidelity Small'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 Small's quantitative information. For example, before you start analyzing numbers published by Fidelity accountants, it's essential to understand Fidelity Small's liquidity, profitability, and earnings quality within the context of the Fidelity Investments space in which it operates.
Please note, the presentation of Fidelity Small's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fidelity Small's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fidelity Small's management manipulating its earnings.
Fidelity Small Etf Summary
Fidelity Small competes with Fidelity Emerging, Fidelity International, Fidelity Quality, Fidelity Low, and Fidelity Momentum. The fund normally invests at least 80 percent of its assets in securities included in the Fidelity Small-Mid Multifactor Index Fidelity Small-Mid is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3160925273 |
| CUSIP | 316092527 |
| Region | North America |
| Investment Issuer | Fidelity |
| Etf Family | Fidelity Investments |
| Fund Category | Size and Style |
| Portfolio Concentration | Small & Mid Caps |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Fidelity Small Key Financial Ratios
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Small's current stock value. Our valuation model uses many indicators to compare Fidelity Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Small competition to find correlations between indicators driving Fidelity Small's intrinsic value. More Info.Fidelity Small Mid Factor is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 18.69 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fidelity Small 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 Small Mid Systematic Risk
Fidelity Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Small 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 Small Mid correlated with the market. If Beta is less than 0 Fidelity Small generally moves in the opposite direction as compared to the market. If Fidelity Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Small Mid is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Small is generally in the same direction as the market. If Beta > 1 Fidelity Small moves generally in the same direction as, but more than the movement of the benchmark.
About Fidelity Small Financials
What exactly are Fidelity Small Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Fidelity Small's income statement, its balance sheet, and the statement of cash flows. Potential Fidelity Small investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fidelity Small investors may use each financial statement separately, they are all related. The changes in Fidelity Small's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Small's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Fidelity Small Thematic Clasifications
Fidelity Small Mid Factor is part of several thematic ideas from Size And Style ETFs to Small & Mid Caps 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 Small January 9, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Small Mid Factor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Small Mid 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 Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9213 | |||
| Information Ratio | 0.0172 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.56 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Small Mid 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 population. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.