Fidelity Quality Factor Etf Performance
| FQAL Etf | USD 67.05 0.55 0.81% |
The etf shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity Quality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Quality is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity Quality Factor are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Fidelity Quality is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Technical Data - Stock Traders Daily | 09/30/2024 |
2 | Is Fidelity Quality Factor ETF a Strong ETF Right Now | 11/18/2024 |
3 | Trading Report - Stock Traders Daily | 12/03/2024 |
| In Threey Sharp Ratio | 0.40 |
Fidelity |
Fidelity Quality Relative Risk vs. Return Landscape
If you would invest 6,430 in Fidelity Quality Factor on September 19, 2024 and sell it today you would earn a total of 330.00 from holding Fidelity Quality Factor or generate 5.13% return on investment over 90 days. Fidelity Quality Factor is currently generating 0.0813% in daily expected returns and assumes 0.6126% 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 Quality Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Quality's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Quality Factor, and traders can use it to determine the average amount a Fidelity Quality'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 = 0.1327
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | FQAL | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Fidelity Quality is performing at about 10% 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 Quality by adding it to a well-diversified portfolio.
Fidelity Quality Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Quality, and Fidelity Quality 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 | 19.22 X | |||
| Price To Book | 3.63 X | |||
| Price To Sales | 2.74 X | |||
| Total Asset | 227.79 M | |||
About Fidelity Quality Performance
By examining Fidelity Quality's fundamental ratios, stakeholders can obtain critical insights into Fidelity Quality's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fidelity Quality is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Quality is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund retains 99.88% 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 Quality Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Fidelity Quality Factor 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Quality'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 Quality's market value can be influenced by many factors that don't directly affect Fidelity Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Quality'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.