Fidelity Nasdaq Composite Etf Buy Hold or Sell Recommendation
| ONEQ Etf | USD 60.18 1.33 2.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Fidelity Nasdaq Composite is 'Hold'. Macroaxis provides Fidelity Nasdaq buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ONEQ positions. The advice algorithm takes into account all of Fidelity Nasdaq's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Fidelity Nasdaq's buy or sell advice are summarized below:
Real Value 60.67 | Hype Value 60.18 | Market Value 60.18 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fidelity Nasdaq Composite given historical horizon and risk tolerance towards Fidelity Nasdaq. When Macroaxis issues a 'buy' or 'sell' recommendation for Fidelity Nasdaq Composite, the advice is generated through an automated system that utilizes algorithms and statistical models.
Fidelity |
Execute Fidelity Nasdaq Buy or Sell Advice
The Fidelity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fidelity Nasdaq Composite. Macroaxis does not own or have any residual interests in Fidelity Nasdaq Composite or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fidelity Nasdaq's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Fidelity Nasdaq Trading Alerts and Improvement Suggestions
| Fidelity Nasdaq generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: Want Exposure to the Hottest AI Stocks Buy This ETF Hand Over Fist. | |
| The fund maintains 99.25% of its assets in stocks |
Fidelity Nasdaq Returns Distribution Density
The distribution of Fidelity Nasdaq's historical returns is an attempt to chart the uncertainty of Fidelity Nasdaq's future price movements. The chart of the probability distribution of Fidelity Nasdaq daily returns describes the distribution of returns around its average expected value. We use Fidelity Nasdaq Composite price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fidelity Nasdaq returns is essential to provide solid investment advice for Fidelity Nasdaq.
| Mean Return | 0.05 | Value At Risk | -1.76 | Potential Upside | 1.59 | Standard Deviation | 1.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fidelity Nasdaq historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fidelity Nasdaq Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fidelity Nasdaq or Fidelity Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fidelity Nasdaq's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fidelity etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 1.10 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.04 |
Fidelity Nasdaq Volatility Alert
Fidelity Nasdaq Composite has relatively low volatility with skewness of -0.02 and kurtosis of 0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fidelity Nasdaq's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fidelity Nasdaq's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fidelity Nasdaq Fundamentals Vs Peers
Comparing Fidelity Nasdaq's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fidelity Nasdaq's direct or indirect competition across all of the common fundamentals between Fidelity Nasdaq and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fidelity Nasdaq or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Fidelity Nasdaq's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fidelity Nasdaq by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fidelity Nasdaq to competition |
| Fundamentals | Fidelity Nasdaq | Peer Average |
| Price To Earning | 2.83 X | 3.15 X |
| Price To Book | 3.09 X | 0.39 X |
| Price To Sales | 2.07 X | 0.33 X |
| Beta | 1.16 | |
| One Year Return | 27.10 % | (0.97) % |
| Three Year Return | 4.30 % | 3.23 % |
| Five Year Return | 15.00 % | 1.12 % |
| Ten Year Return | 15.30 % | 1.20 % |
| Net Asset | 3.56 B | 2.29 B |
| Last Dividend Paid | 0.62 | 0.14 |
| Equity Positions Weight | 99.25 % | 52.82 % |
Fidelity Nasdaq Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fidelity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Fidelity Nasdaq Buy or Sell Advice
When is the right time to buy or sell Fidelity Nasdaq Composite? Buying financial instruments such as Fidelity Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Fidelity Nasdaq 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Check out Fidelity Nasdaq Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Fidelity Nasdaq Composite information on this page should be used as a complementary analysis to other Fidelity Nasdaq's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Fidelity Nasdaq Composite 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Fidelity Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Nasdaq'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.