Fidelity Momentum Factor ETF declares quarterly distribution of 0.3070
| FDMO Etf | USD 69.61 0.55 0.78% |
About 62% of Fidelity Momentum's investor base is looking to short. The current sentiment regarding investing in Fidelity Momentum Factor etf implies that many traders are alarmed. Fidelity Momentum's investing sentiment overview a quick insight into current market opportunities from investing in Fidelity Momentum Factor. Many technical investors use Fidelity Momentum Factor etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Fidelity |
Fidelity Momentum Factor ETF has a distribution of 0.3070 payable on Dec 24 for shareholders of record on Dec 20 ex-div date also on Dec 20.
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Fidelity Momentum Fundamental Analysis
We analyze Fidelity Momentum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Momentum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Momentum 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.
Three Year Return
Three Year Return Comparative Analysis
Fidelity Momentum is currently under evaluation in three year return as compared to similar ETFs. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Fidelity Momentum Factor 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 Momentum etf to make a market-neutral strategy. Peer analysis of Fidelity Momentum could also be used in its relative valuation, which is a method of valuing Fidelity Momentum by comparing valuation metrics with similar companies.
Peers
Fidelity Momentum Related Equities
| MDLV | EA Series | 0.58 | ||||
| MCDS | JPMorgan Fundamental | 0.09 | ||||
| DISV | Dimensional ETF | 0.08 | ||||
| DIHP | Dimensional International | 0.04 | ||||
| DJAN | First Trust | 0.03 | ||||
| DINT | Davis Select | 0.23 | ||||
| MCHS | Matthews China | 0.35 | ||||
| MBCC | Northern Lights | 0.43 | ||||
| DHDG | FT Vest | 0.49 |
Check out Fidelity Momentum Hype Analysis, Fidelity Momentum Correlation and Fidelity Momentum Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Fidelity Momentum Factor 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 Momentum's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Momentum'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 Momentum's market value can be influenced by many factors that don't directly affect Fidelity Momentum'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 Momentum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Momentum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Momentum'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.