Fidelity Msci Utilities Etf Performance
| FUTY Etf | USD 52.25 1.13 2.12% |
The etf shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity MSCI is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity MSCI Utilities are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Fidelity MSCI may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Should You Invest in the Fidelity MSCI Utilities Index ETF - Yahoo Finance | 09/11/2024 |
2 | FUTY Improving Long-Term Growth Outlook But Expensive Valuation - Seeking Alpha | 10/04/2024 |
3 | Fidelity MSCI Utilities Index ETF Reaches New 1-Year High Whats Next | 10/16/2024 |
4 | Fidelity MSCI Utilities Index ETF Stake Boosted by Trail Ridge Investment Advisors LLC | 10/29/2024 |
5 | Fidelity MSCI Utilities Index ETF Sets New 1-Year High Heres What Happened | 11/27/2024 |
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Fidelity MSCI Relative Risk vs. Return Landscape
If you would invest 4,873 in Fidelity MSCI Utilities on September 3, 2024 and sell it today you would earn a total of 352.00 from holding Fidelity MSCI Utilities or generate 7.22% return on investment over 90 days. Fidelity MSCI Utilities is currently generating 0.114% in daily expected returns and assumes 1.0089% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Fidelity, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Fidelity MSCI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity MSCI's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity MSCI Utilities, and traders can use it to determine the average amount a Fidelity MSCI'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 = 0.113
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fidelity MSCI is performing at about 8% 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 MSCI by adding it to a well-diversified portfolio.
Fidelity MSCI Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity MSCI, and Fidelity MSCI 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 | 17.16 X | |||
| Price To Book | 1.68 X | |||
| Price To Sales | 1.67 X | |||
| Total Asset | 1.97 B | |||
About Fidelity MSCI Performance
Evaluating Fidelity MSCI's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity MSCI 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 MSCI 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.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Utilities is traded on NYSEARCA Exchange in the United States.| Latest headline from thelincolnianonline.com: Fidelity MSCI Utilities Index ETF Sets New 1-Year High Heres What Happened | |
| 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 MSCI Utilities. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Fidelity MSCI Utilities 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI'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.