Fidelity Small Mid Factor Etf Market Value
| FSMD Etf | USD 45.96 0.13 0.28% |
| Symbol | Fidelity |
Fidelity Small Mid's market price often diverges from its book value, the accounting figure shown on Fidelity's balance sheet. Smart investors calculate Fidelity Small's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Fidelity Small's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Fidelity Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Small'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 Small 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity Small's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity Small.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Fidelity Small on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity Small Mid Factor or generate 0.0% return on investment in Fidelity Small over 90 days. Fidelity Small is related to or competes with IShares Russell, WisdomTree Trust, Franklin LibertyQ, IShares MSCI, Invesco SP, ProShares, and First Trust. The fund normally invests at least 80 percent of its assets in securities included in the Fidelity Small-Mid Multifactor Index Fidelity Small-Mid is traded on NYSEARCA Exchange in the United States. More
Fidelity Small Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity Small's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity Small Mid Factor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8191 | |||
| Information Ratio | 0.0598 | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.73 |
Fidelity Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity Small's standard deviation. In reality, there are many statistical measures that can use Fidelity Small historical prices to predict the future Fidelity Small's volatility.| Risk Adjusted Performance | 0.0974 | |||
| Jensen Alpha | 0.0546 | |||
| Total Risk Alpha | 0.0421 | |||
| Sortino Ratio | 0.0618 | |||
| Treynor Ratio | 0.1104 |
Fidelity Small January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0974 | |||
| Market Risk Adjusted Performance | 0.1204 | |||
| Mean Deviation | 0.6397 | |||
| Semi Deviation | 0.6804 | |||
| Downside Deviation | 0.8191 | |||
| Coefficient Of Variation | 756.07 | |||
| Standard Deviation | 0.8464 | |||
| Variance | 0.7164 | |||
| Information Ratio | 0.0598 | |||
| Jensen Alpha | 0.0546 | |||
| Total Risk Alpha | 0.0421 | |||
| Sortino Ratio | 0.0618 | |||
| Treynor Ratio | 0.1104 | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.73 | |||
| Downside Variance | 0.6709 | |||
| Semi Variance | 0.4629 | |||
| Expected Short fall | (0.70) | |||
| Skewness | 0.1606 | |||
| Kurtosis | 0.3468 |
Fidelity Small Mid Backtested Returns
At this point, Fidelity Small is very steady. Fidelity Small Mid secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fidelity Small Mid Factor, which you can use to evaluate the volatility of the entity. Please confirm Fidelity Small's Coefficient Of Variation of 756.07, mean deviation of 0.6397, and Downside Deviation of 0.8191 to check if the risk estimate we provide is consistent with the expected return of 0.11%. The etf shows a Beta (market volatility) of 0.92, which means possible diversification benefits within a given portfolio. Fidelity Small returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Small is expected to follow.
Auto-correlation | 0.73 |
Good predictability
Fidelity Small Mid Factor has good predictability. Overlapping area represents the amount of predictability between Fidelity Small time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity Small Mid price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fidelity Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
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Check out Fidelity Small Correlation, Fidelity Small Volatility and Fidelity Small Performance module to complement your research on Fidelity Small. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Fidelity Small technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.