Fidelity High Five Year Return vs. One Year Return

FCUH Etf  CAD 32.57  0.13  0.40%   
Considering the key profitability indicators obtained from Fidelity High's historical financial statements, Fidelity High Dividend may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Fidelity High's ability to earn profits and add value for shareholders.
For Fidelity High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity High Dividend utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity High Dividend over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Fidelity High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity High'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.

Fidelity High Dividend One Year Return vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity High's current stock value. Our valuation model uses many indicators to compare Fidelity High value to that of its competitors to determine the firm's financial worth.
Fidelity High Dividend is rated # 2 ETF in five year return as compared to similar ETFs. It also is rated # 2 ETF in one year return as compared to similar ETFs reporting about  2.49  of One Year Return per Five Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity High's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Fidelity One Year Return vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Fidelity High

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
9.00 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Fidelity High

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
22.40 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Fidelity One Year Return Comparison

Fidelity High is currently under evaluation in one year return as compared to similar ETFs.

Fidelity High Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity High will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity High's change in net profit over the period of time. It can combine multiple indicators of Fidelity High, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
High Dividend Currency Neutral Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. FIDELITY is traded on Toronto Stock Exchange in Canada.

Fidelity Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fidelity High. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fidelity High position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fidelity High's important profitability drivers and their relationship over time.

Use Fidelity High in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity High will appreciate offsetting losses from the drop in the long position's value.

Fidelity High Pair Trading

Fidelity High Dividend Pair Trading Analysis

The ability to find closely correlated positions to Fidelity High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity High Dividend to buy it.
The correlation of Fidelity High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity High Dividend moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Fidelity High position

In addition to having Fidelity High in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Energy Funds Thematic Idea Now

Energy Funds
Energy Funds Theme
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Energy Funds Theme or any other thematic opportunities.
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When determining whether Fidelity High Dividend is a strong investment it is important to analyze Fidelity High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity High's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports:
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You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Fidelity High's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fidelity High Dividend at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fidelity High's income statement, its balance sheet, and the statement of cash flows.
Potential Fidelity High investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Fidelity High investors may work on each financial statement separately, they are all related. The changes in Fidelity High's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity High's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.