Fidelity High Buy Hold or Sell Recommendation

FDVV -- USA Etf  

USD 30.05  0.02  0.07%

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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Fidelity HighBuy Fidelity High
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
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.

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 Return0.0063Value At Risk1.81
Potential Upside1.18Standard Deviation0.87
 Return Density 
      Distribution 

Fidelity High Greeks

α
Alpha over DOW
=0.00079078
β
Beta against DOW=0.83
σ
Overall volatility
=0.87
Ir
Information ratio =0.0049

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

FundamentalsFidelity HighPeer Average
One Year Return2.94 (0.97) 
Three Year Return10.13 3.23 
Net Asset395.14 M2.29 B
Last Dividend Paid0.2470.14
Equity Positions Weight99.88 52.82 

Fidelity High Market Momentum

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