Fidelity International High Etf Performance
| FCID Etf | CAD 27.10 0.07 0.26% |
The etf shows a Beta (market volatility) of 0.0848, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity International is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity International High are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Fidelity International is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.62 |
Fidelity |
Fidelity International Relative Risk vs. Return Landscape
If you would invest 2,676 in Fidelity International High on September 5, 2024 and sell it today you would earn a total of 34.00 from holding Fidelity International High or generate 1.27% return on investment over 90 days. Fidelity International High is generating 0.0219% of daily returns and assumes 0.6548% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Fidelity, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fidelity International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity International High, and traders can use it to determine the average amount a Fidelity International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0334
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| Negative Returns | FCID |
Estimated Market Risk
| 0.65 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 International 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 International by adding it to a well-diversified portfolio.
Fidelity International Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity International, and Fidelity International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
| Total Asset | 104.26 M | |||
About Fidelity International Performance
By examining Fidelity International's fundamental ratios, stakeholders can obtain critical insights into Fidelity International's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fidelity International is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Fidelity International High Dividend Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada International High Dividend Index. FIDELITY INTL is traded on Toronto Stock Exchange in Canada.| The fund retains 99.98% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity International High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.