Fidelity Advantage Ether Etf Performance
| FETH Etf | 20.75 1.04 5.28% |
The etf shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Advantage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Advantage is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Fidelity Advantage Ether has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in April 2025. The recent confusion may also be a sign of long-lasting up-swing for the Etf traders. ...more
1 | Ethereum ETF Trading Analysis Significant Outflow on January 7, 2025 - Blockchain.News | 01/07/2025 |
2 | Cumberland Deposits 20,000 ETH to Binance Following Fidelity FETH ETF Inflows - Blockchain.News | 01/13/2025 |
3 | Cboe Seeks SEC Approval For Staking In Fidelitys Ethereum ETF - TronWeekly | 03/11/2025 |
4 | ETHA Surges as Buyers Step in After Ethereum Selloff - etf.com | 03/19/2025 |
Fidelity |
Fidelity Advantage Relative Risk vs. Return Landscape
If you would invest 3,324 in Fidelity Advantage Ether on December 25, 2024 and sell it today you would lose (1,249) from holding Fidelity Advantage Ether or give up 37.58% of portfolio value over 90 days. Fidelity Advantage Ether is currently does not generate positive expected returns and assumes 4.5599% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% 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 Advantage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Advantage's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Advantage Ether, and traders can use it to determine the average amount a Fidelity Advantage'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 = -0.148
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FETH |
Estimated Market Risk
| 4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Advantage 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 Advantage by adding Fidelity Advantage to a well-diversified portfolio.
About Fidelity Advantage Performance
By evaluating Fidelity Advantage's fundamental ratios, stakeholders can gain valuable insights into Fidelity Advantage's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fidelity Advantage 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 Advantage 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.
Fidelity Advantage is entity of United States. It is traded as Etf on BATS exchange.| Fidelity Advantage generated a negative expected return over the last 90 days | |
| Fidelity Advantage has high historical volatility and very poor performance | |
| Latest headline from news.google.com: ETHA Surges as Buyers Step in After Ethereum Selloff - etf.com |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Advantage Ether. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Fidelity Advantage Ether 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 Advantage's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Advantage'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 Advantage's market value can be influenced by many factors that don't directly affect Fidelity Advantage'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 Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Advantage'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.