Fidelity Global Value Etf Performance
| FGLS Etf | 8.60 0.36 4.02% |
The etf shows a Beta (market volatility) of -0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fidelity Global are expected to decrease at a much lower rate. During the bear market, Fidelity Global is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Global Value are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating technical and fundamental indicators, Fidelity Global may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
1 | Fidelity Investments Canada ULC Announces Final 2024 Annual Reinvested Capital Gains Distributions for Fidelity ETFs and ETF Series of Fidelity Mutual Funds - C... | 12/27/2024 |
2 | Low-Volatility ETFs A Smarter Play for Market Uncertainty - The Globe and Mail | 03/19/2025 |
Fidelity |
Fidelity Global Relative Risk vs. Return Landscape
If you would invest 777.00 in Fidelity Global Value on December 25, 2024 and sell it today you would earn a total of 83.00 from holding Fidelity Global Value or generate 10.68% return on investment over 90 days. Fidelity Global Value is generating 0.1816% of daily returns and assumes 1.5866% volatility on return distribution over the 90 days horizon. Simply put, 14% of etfs are less volatile than Fidelity, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fidelity Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Global Value, and traders can use it to determine the average amount a Fidelity Global'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 = 0.1144
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fidelity Global is performing at about 9% 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 Global by adding it to a well-diversified portfolio.
About Fidelity Global Performance
By analyzing Fidelity Global's fundamental ratios, stakeholders can gain valuable insights into Fidelity Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fidelity Global 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 Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Fidelity Global is entity of Canada. It is traded as Etf on NEO exchange.| Latest headline from news.google.com: Low-Volatility ETFs A Smarter Play for Market Uncertainty - The Globe and Mail |
Other Information on Investing in Fidelity Etf
Fidelity Global financial ratios help investors to determine whether Fidelity Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Global security.