Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Fidelity High Dividend ETF is 'Strong Hold'. Macroaxis provides Fidelity High buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FDVV positions. The advice algorithm takes into account all of Fidelity High Dividend available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from FDVV buy-and-hold prospective. Additionally see Fidelity High 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.
For the selected time horizon Fidelity High Dividend ETF has a risk adjusted performance of (0.008371), jensen alpha of 8.0e-4, total risk alpha of 0.002, sortino ratio of 0.0 and treynor ratio of (0.01963)Macroaxis buy, hold, or sell suggestion module can be used to complement Fidelity High buy, hold, or sell recommendation provided by average analyst sentiment. It analyzes the etf potential to grow using fundamental, technical, data market data available at the time. Please use Fidelity High Total Asset to make buy, hold, or sell decision on Fidelity High Dividend.
Odds of Distress
Fidelity High Trading Alerts and Improvement Suggestions
|Fidelity High generates negative expected return over the last 30 days|
|The fund retains 99.88% of its assets under management (AUM) in equities|
Fidelity High Returns Distribution Density
|Mean Return||0.0063||Value At Risk||1.81|
|Potential Upside||1.18||Standard Deviation||0.87|
Fidelity High Greeks
|Alpha over DOW||=||0.00079078|
|Beta against DOW||=||0.83|
Fidelity High Volatility Alert
Fidelity High Dividend ETF exhibits very low volatility with skewness of -1.08 and kurtosis of 1.43. However, we advise investors to further study Fidelity High Dividend ETF technical indicators to make sure all market info is available and is reliable.
|Better Than Average||Worse Than Average||Compare Fidelity High to competition|
Fidelity High Fundamental Vs Peers
|Fundamentals||Fidelity High||Peer Average|
|One Year Return||2.94||(0.97)|
|Three Year Return||10.13||3.23|
|Net Asset||395.14 M||2.29 B|
|Last Dividend Paid||0.247||0.14|
|Equity Positions Weight||99.88||52.82|
Fidelity High Market Momentum