Fidelity Dividend Etf Price on March 12, 2024
FDRR Etf | USD 52.01 0.43 0.82% |
Below is the normalized historical share price chart for Fidelity Dividend ETF extending back to September 15, 2016. 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 Dividend stands at 52.01, as last reported on the 30th of December, with the highest price reaching 52.25 and the lowest price hitting 51.73 during the day.
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. Currently, Fidelity Dividend ETF is very steady. Fidelity Dividend ETF secures Sharpe Ratio (or Efficiency) of 0.0754, which denotes the etf had a 0.0754% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Dividend ETF, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Dividend's Downside Deviation of 0.654, coefficient of variation of 1572.2, and Mean Deviation of 0.4662 to check if the risk estimate we provide is consistent with the expected return of 0.0492%.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.21 | 200 Day MA 49.416 | 1 y Volatility 9.08 | 50 Day MA 52.6812 | Inception Date 2016-09-12 |
Fidelity |
Sharpe Ratio = 0.0754
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Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fidelity Dividend is performing at about 5% 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 Dividend by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 275 K |
Fidelity Dividend Valuation on March 12, 2024
It is possible to determine the worth of Fidelity Dividend on a given historical date. On March 12, 2024 Fidelity was worth 44.56 at the beginning of the trading date compared to the closed value of 44.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity Dividend etf. Still, in general, we apply an absolute valuation method to find Fidelity Dividend'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 Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity Dividend's related companies.
Open | High | Low | Close | Volume | |
44.24 | 44.43 | 44.09 | 44.42 | 24,403 | |
03/12/2024 | 44.56 | 44.81 | 44.42 | 44.81 | 10,938 |
44.78 | 44.82 | 44.69 | 44.69 | 8,389 |
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Fidelity Dividend Trading Date Momentum on March 12, 2024
On March 13 2024 Fidelity Dividend ETF was traded for 44.69 at the closing time. The top price for the day was 44.82 and the lowest listed price was 44.69 . The trading volume for the day was 8.4 K. The trading history from March 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.27% . The overall trading delta against the current closing price is 1.16% . |
Fidelity Dividend ETF Fundamentals Correlations and Trends
By evaluating Fidelity Dividend'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 Dividend'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 Dividend Etf history
Fidelity Dividend 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 Dividend ETF 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 Dividend stock prices may prove useful in developing a viable investing in Fidelity Dividend
The fund normally invests at least 80 percent of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. Fidelity Dividend is traded on NYSEARCA Exchange in the United States.
Fidelity Dividend Etf Technical Analysis
Fidelity Dividend 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 Dividend Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Fidelity Dividend ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Dividend December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity Dividend 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 Dividend shares will generate the highest return on investment. By undertsting and applying Fidelity Dividend etf market strength indicators, traders can identify Fidelity Dividend ETF entry and exit signals to maximize returns
Fidelity Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity Dividend'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 | 0.0485 | |||
Jensen Alpha | 0.0282 | |||
Total Risk Alpha | 0.0134 | |||
Sortino Ratio | 0.0145 | |||
Treynor Ratio | 0.2 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Dividend ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Fidelity Dividend ETF 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect Fidelity Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Dividend'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.