Closing Bell Fidelity Canadian High Quality Index ETF up on Monday - The Globe and Mail
| FCCQ Etf | CAD 39.05 0.21 0.54% |
About 52% of Fidelity Canadian's investor base is interested to short. The current sentiment regarding investing in Fidelity Canadian High etf implies that many traders are impartial. Fidelity Canadian's investing sentiment overview a quick insight into current market opportunities from investing in Fidelity Canadian High. Many technical investors use Fidelity Canadian High etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Fidelity |
Closing Bell Fidelity Canadian High Quality Index ETF up on Monday The Globe and Mail
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Fidelity Canadian Fundamental Analysis
We analyze Fidelity Canadian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Canadian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Canadian based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Fidelity Canadian is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Fidelity Canadian High Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fidelity Canadian etf to make a market-neutral strategy. Peer analysis of Fidelity Canadian could also be used in its relative valuation, which is a method of valuing Fidelity Canadian by comparing valuation metrics with similar companies.
Peers
Fidelity Canadian Related Equities
| FCUQ | Fidelity High | 0.14 | ||||
| FCCD | Fidelity Canadian | 0.13 | ||||
| FCCV | Fidelity Canadian | 0.06 | ||||
| FCUD | Fidelity High | 0.52 |
Other Information on Investing in Fidelity Etf
Fidelity Canadian financial ratios help investors to determine whether Fidelity Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Canadian security.