Fidelity Momentum Buy Hold or Sell Recommendation

FDMO -- USA Etf  

USD 35.60  0.05  0.14%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Fidelity Momentum Factor ETF is 'Strong Hold'. Macroaxis provides Fidelity Momentum buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FDMO positions. The advice algorithm takes into account all of Fidelity Momentum available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from FDMO buy-and-hold prospective. Additionally see Fidelity Momentum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Fidelity MomentumBuy Fidelity Momentum
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Fidelity Momentum Factor ETF has a risk adjusted performance of 0.0082, jensen alpha of (0.027417), total risk alpha of (0.031942), sortino ratio of (0.028032) and treynor ratio of (0.002066)
Fidelity Momentum buy, hold, or sell suggestion module can be used to check and cross-verify current buy, hold, or sell recommendation provided by analysts reviewing the etf potential to grow using all of fundamental, technical, data market data available at the time. Please use Fidelity Momentum Price to Book and Net Asset to make buy, hold, or sell decision on Fidelity Momentum.

Fidelity Momentum Trading Alerts and Improvement Suggestions

Fidelity Momentum generates negative expected return over the last 30 days
Latest headline from MacroaxisInsider: Sale by Sergey Brin of 917 shares of Alphabet
The fund retains 99.92% of its assets under management (AUM) in equities

Fidelity Momentum Returns Distribution Density

Mean Return0.00821Value At Risk1.66
Potential Upside1.20Standard Deviation0.91
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Financial Partners Group IncFund Units182 K6.5 M

Fidelity Momentum Greeks

α
Alpha over DOW
=0.03
β
Beta against DOW=0.87
σ
Overall volatility
=0.93
Ir
Information ratio =0.03

Fidelity Momentum Volatility Alert

Fidelity Momentum Factor ETF has relatively low volatility with skewness of -0.85 and kurtosis of 1.2. However, we advise all investors to independently investigate Fidelity Momentum Factor ETF to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Fidelity Momentum to competition

Fidelity Momentum Fundamental Vs Peers

FundamentalsFidelity MomentumPeer Average
Price to Earning23.78X3.15X
Price to Book3.71X0.39X
Price to Sales2.77X0.33X
One Year Return2.01% (0.97)%
Net Asset121.04M2.29B
Last Dividend Paid0.0950.14
Equity Positions Weight99.92% 52.82%

Fidelity Momentum Market Momentum

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