Fidelity Fundamental Large Etf Performance
| FFLC Etf | 45.19 0.10 0.22% |
The etf shows a Beta (market volatility) of 0.98, which means possible diversification benefits within a given portfolio. Fidelity Fundamental returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Fundamental is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Fidelity Fundamental Large has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, Fidelity Fundamental is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Fidelity New Millennium ETF declares 0.098 dividend | 12/24/2024 |
| In Threey Sharp Ratio | 0.76 |
Fidelity |
Fidelity Fundamental Relative Risk vs. Return Landscape
If you would invest 4,691 in Fidelity Fundamental Large on December 26, 2024 and sell it today you would lose (172.00) from holding Fidelity Fundamental Large or give up 3.67% of portfolio value over 90 days. Fidelity Fundamental Large is currently does not generate positive expected returns and assumes 1.1139% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 Fundamental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Fundamental's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Fundamental Large, and traders can use it to determine the average amount a Fidelity Fundamental'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 = -0.0504
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FFLC |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Fundamental 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 Fundamental by adding Fidelity Fundamental to a well-diversified portfolio.
Fidelity Fundamental Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Fundamental, and Fidelity Fundamental 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.
About Fidelity Fundamental Performance
By analyzing Fidelity Fundamental's fundamental ratios, stakeholders can gain valuable insights into Fidelity Fundamental's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fidelity Fundamental 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 Fundamental has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Fidelity Fundamental is entity of United States. It is traded as Etf on BATS exchange.| Fidelity Fundamental generated a negative expected return over the last 90 days |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Fundamental Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Fidelity Fundamental 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 Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Fundamental'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 Fundamental's market value can be influenced by many factors that don't directly affect Fidelity Fundamental'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 Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Fundamental'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.