Fidelity High Dividend Etf Price on January 16, 2024
FDVV Etf | USD 50.35 0.31 0.61% |
Below is the normalized historical share price chart for Fidelity High Dividend 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 High stands at 50.35, as last reported on the 30th of December, with the highest price reaching 50.56 and the lowest price hitting 50.06 during the day.
If you're considering investing in Fidelity Etf, it is important to understand the factors that can impact its price. At this stage we consider Fidelity Etf to be very steady. Fidelity High Dividend secures Sharpe Ratio (or Efficiency) of 0.0288, which denotes the etf had a 0.0288% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity High Dividend, which you can use to evaluate the volatility of the entity. Please confirm Fidelity High's Downside Deviation of 0.6083, coefficient of variation of 3353.76, and Mean Deviation of 0.4418 to check if the risk estimate we provide is consistent with the expected return of 0.0173%.
Fidelity Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.12 | 200 Day MA 48.3853 | 1 y Volatility 8.65 | 50 Day MA 51.4042 | Inception Date 2016-09-12 |
Fidelity |
Sharpe Ratio = 0.0288
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Fidelity High is performing at about 2% 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 High by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 182.8 K |
Fidelity High Valuation on January 16, 2024
It is possible to determine the worth of Fidelity High on a given historical date. On January 16, 2024 Fidelity was worth 41.12 at the beginning of the trading date compared to the closed value of 40.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fidelity High etf. Still, in general, we apply an absolute valuation method to find Fidelity High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fidelity High's related companies.
Open | High | Low | Close | Volume | |
41.20 | 41.31 | 41.00 | 41.12 | 205,208 | |
01/16/2024 | 41.12 | 41.14 | 40.83 | 40.96 | 193,442 |
40.72 | 40.78 | 40.48 | 40.66 | 244,772 |
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Fidelity High Trading Date Momentum on January 16, 2024
On January 17 2024 Fidelity High Dividend was traded for 40.66 at the closing time. The top price for the day was 40.78 and the lowest listed price was 40.48 . The trading volume for the day was 244.8 K. The trading history from January 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.73% . The overall trading delta against the current closing price is 2.17% . |
Fidelity High Dividend Fundamentals Correlations and Trends
By evaluating Fidelity High'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 High'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 High Etf history
Fidelity High 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 High Dividend 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 High stock prices may prove useful in developing a viable investing in Fidelity High
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 High is traded on NYSEARCA Exchange in the United States.
Fidelity High Etf Technical Analysis
Fidelity High 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 High Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Fidelity High Dividend 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 High December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fidelity High 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 High shares will generate the highest return on investment. By undertsting and applying Fidelity High etf market strength indicators, traders can identify Fidelity High Dividend entry and exit signals to maximize returns
Fidelity High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fidelity High'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 | 0.0204 | |||
Jensen Alpha | 0.0044 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0511 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity High Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Fidelity High Dividend 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 High's value that differs from its market value or its book value, called intrinsic value, which is Fidelity High'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 High's market value can be influenced by many factors that don't directly affect Fidelity High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity High'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.