Fidelity Quality Last Dividend Paid vs. One Year Return

FQAL Etf  USD 65.84  0.15  0.23%   
Based on the key profitability measurements obtained from Fidelity Quality's financial statements, Fidelity Quality Factor 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 Quality's ability to earn profits and add value for shareholders.
For Fidelity Quality profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fidelity Quality to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fidelity Quality Factor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fidelity Quality's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fidelity Quality Factor over time as well as its relative position and ranking within its peers.
  
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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.

Fidelity Quality Factor One Year Return vs. Last Dividend Paid Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Quality's current stock value. Our valuation model uses many indicators to compare Fidelity Quality value to that of its competitors to determine the firm's financial worth.
Fidelity Quality Factor is one of the top ETFs in last dividend paid as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about  137.91  of One Year Return per Last Dividend Paid. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fidelity Quality by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Fidelity One Year Return vs. Last Dividend Paid

Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Fidelity Quality

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.15
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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 Quality

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
21.10 %
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 Quality is currently under evaluation in one year return as compared to similar ETFs.

Fidelity Quality Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fidelity Quality, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fidelity Quality will eventually generate negative long term returns. The profitability progress is the general direction of Fidelity Quality's change in net profit over the period of time. It can combine multiple indicators of Fidelity Quality, 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.
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.

Fidelity Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fidelity Quality. 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 Quality 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 Quality's important profitability drivers and their relationship over time.

Use Fidelity Quality 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 Quality 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 Quality will appreciate offsetting losses from the drop in the long position's value.

Fidelity Quality Pair Trading

Fidelity Quality Factor Pair Trading Analysis

The ability to find closely correlated positions to Fidelity Quality 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 Quality 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 Quality - 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 Quality Factor to buy it.
The correlation of Fidelity Quality 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 Quality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity Quality Factor 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 Quality 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 Quality position

In addition to having Fidelity Quality 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.

Did You Try This Idea?

Run Retail Thematic Idea Now

Retail
Retail Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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When determining whether Fidelity Quality Factor is a strong investment it is important to analyze Fidelity Quality'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 Quality'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
To fully project Fidelity Quality's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fidelity Quality Factor 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 Quality's income statement, its balance sheet, and the statement of cash flows.
Potential Fidelity Quality investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Fidelity Quality investors may work on each financial statement separately, they are all related. The changes in Fidelity Quality's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidelity Quality'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.