Fidelity Emerging Markets Etf Price on October 16, 2024
| FDEM Etf | USD 26.50 0.10 0.38% |
Below is the normalized historical share price chart for Fidelity Emerging Markets extending back to February 28, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fidelity Emerging stands at 26.50, as last reported on the 11th of December 2024, with the highest price reaching 26.50 and the lowest price hitting 26.40 during the day.
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. As of now, Fidelity Etf is very steady. Fidelity Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0784, which denotes the etf had a 0.0784% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fidelity Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Emerging's Mean Deviation of 0.6805, coefficient of variation of 1214.35, and Downside Deviation of 0.9619 to check if the risk estimate we provide is consistent with the expected return of 0.0738%.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.15 | 200 Day MA 25.6936 | 1 y Volatility 9.62 | 50 Day MA 26.3195 | Inception Date 2019-02-26 |
Fidelity |
Sharpe Ratio = 0.0784
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Fidelity Emerging is performing at about 6% 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 Emerging by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 17.3 K |
Fidelity Emerging Valuation on October 16, 2024
It is possible to determine the worth of Fidelity Emerging on a given historical date. On October 16, 2024 Fidelity was worth 26.75 at the beginning of the trading date compared to the closed value of 26.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Emerging etf. Still, in general, we apply an absolute valuation method to find Fidelity Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fidelity Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 26.82 | 26.85 | 26.50 | 26.57 | 20,900 | |
10/16/2024 | 26.75 | 26.89 | 26.62 | 26.78 | 25,207 |
| 26.72 | 26.80 | 26.60 | 26.68 | 21,300 |
| Backtest Fidelity Emerging | | | Fidelity Emerging History | | | Fidelity Emerging Valuation | Previous | Next |
Fidelity Emerging Trading Date Momentum on October 16, 2024
| On October 17 2024 Fidelity Emerging Markets was traded for 26.68 at the closing time. The top price for the day was 26.80 and the lowest listed price was 26.60 . The trading volume for the day was 21.3 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.37% . The overall trading delta against the current closing price is 1.42% . |
Fidelity Emerging Markets Fundamentals Correlations and Trends
By evaluating Fidelity Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fidelity Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fidelity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fidelity Emerging Etf history
Fidelity Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fidelity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fidelity Emerging Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fidelity Emerging stock prices may prove useful in developing a viable investing in Fidelity Emerging
The fund normally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Fidelity Targeted is traded on BATS Exchange in the United States.
Fidelity Emerging Etf Technical Analysis
Fidelity Emerging technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Fidelity Emerging Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fidelity Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fidelity Emerging December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Emerging etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fidelity Emerging shares will generate the highest return on investment. By undertsting and applying Fidelity Emerging etf market strength indicators, traders can identify Fidelity Emerging Markets entry and exit signals to maximize returns
Fidelity Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Emerging's price direction in advance. Along with the technical and fundamental analysis of Fidelity Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fidelity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 0.0539 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.6029 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Fidelity Emerging Markets 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect Fidelity Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Emerging'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.