Fidelity Blue Chip Etf Performance
| FBCV Etf | USD 32.62 0.10 0.31% |
The etf shows a Beta (market volatility) of 0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Blue's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Blue 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 Blue Chip are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable fundamental indicators, Fidelity Blue is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| In Threey Sharp Ratio | 0.42 |
Fidelity |
Fidelity Blue Relative Risk vs. Return Landscape
If you would invest 3,230 in Fidelity Blue Chip on September 15, 2024 and sell it today you would earn a total of 32.00 from holding Fidelity Blue Chip or generate 0.99% return on investment over 90 days. Fidelity Blue Chip is currently generating 0.0173% in daily expected returns and assumes 0.6252% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Fidelity, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fidelity Blue Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Blue's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Blue Chip, and traders can use it to determine the average amount a Fidelity Blue'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 = 0.0277
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| Negative Returns | FBCV |
Estimated Market Risk
| 0.63 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 Blue 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 Blue by adding it to a well-diversified portfolio.
Fidelity Blue Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Blue, and Fidelity Blue 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 Blue Performance
Evaluating Fidelity Blue's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Blue has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Blue has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Normally the fund invests at least 80 percent of assets in blue chip companies view, are well-known, well-established and well-capitalized, which generally have large or medium market capitalizations. Fidelity Blue is traded on BATS Exchange in the United States.| The fund retains 97.08% 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 Blue Chip. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. 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 Blue Chip 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 Blue's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Blue'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 Blue's market value can be influenced by many factors that don't directly affect Fidelity Blue'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 Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Blue'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.