Fidelity Dividend Etf Performance
| FDRR Etf | USD 50.91 1.15 2.21% |
The etf shows a Beta (market volatility) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Dividend is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Fidelity Dividend ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Fidelity Dividend is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 12/24/2024 |
2 | On The My Stocks Page - Stock Traders Daily | 02/05/2025 |
| In Threey Sharp Ratio | 0.40 |
Fidelity |
Fidelity Dividend Relative Risk vs. Return Landscape
If you would invest 5,256 in Fidelity Dividend ETF on December 10, 2024 and sell it today you would lose (165.00) from holding Fidelity Dividend ETF or give up 3.14% of portfolio value over 90 days. Fidelity Dividend ETF is currently does not generate positive expected returns and assumes 0.8696% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 Dividend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Dividend's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Dividend ETF, and traders can use it to determine the average amount a Fidelity Dividend'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 = -0.0568
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDRR |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Dividend is not performing at its full potential. However, 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 Dividend by adding Fidelity Dividend to a well-diversified portfolio.
Fidelity Dividend Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Dividend, and Fidelity Dividend 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.
| Price To Earning | 16.43 X | |||
| Price To Book | 2.16 X | |||
| Price To Sales | 1.48 X | |||
| Total Asset | 518.13 M | |||
About Fidelity Dividend Performance
Assessing Fidelity Dividend's fundamental ratios provides investors with valuable insights into Fidelity Dividend's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fidelity Dividend is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 Dividend is traded on NYSEARCA Exchange in the United States.| Fidelity Dividend generated a negative expected return over the last 90 days | |
| The fund retains 99.72% 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 Dividend ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Fidelity Dividend ETF 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect Fidelity Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Dividend'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.