ASHX Etf Forecast - Coefficient Of Variation
| ASHX Etf | USD 18.45 0.00 0.00% |
ASHX Etf Forecast is based on your current time horizon.
ASHX |
| Check ASHX Volatility | Backtest ASHX | Information Ratio |
ASHX Trading Date Momentum
| On December 16 2024 ASHX was traded for 18.45 at the closing time. The top price for the day was 20.88 and the lowest listed price was 18.45 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
ASHX Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ASHX etf to make a market-neutral strategy. Peer analysis of ASHX could also be used in its relative valuation, which is a method of valuing ASHX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ASHX Market Strength Events
Market strength indicators help investors to evaluate how ASHX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASHX shares will generate the highest return on investment. By undertsting and applying ASHX etf market strength indicators, traders can identify ASHX entry and exit signals to maximize returns.
| Accumulation Distribution | 0.12 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.67 | |||
| Day Typical Price | 19.26 | |||
| Market Facilitation Index | 2.43 | |||
| Price Action Indicator | (1.21) |
ASHX Risk Indicators
The analysis of ASHX's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ASHX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ashx etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8825 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ASHX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASHX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashx Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ashx Etf:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ASHX is measured differently than its book value, which is the value of ASHX that is recorded on the company's balance sheet. Investors also form their own opinion of ASHX's value that differs from its market value or its book value, called intrinsic value, which is ASHX'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 ASHX's market value can be influenced by many factors that don't directly affect ASHX'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 ASHX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASHX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASHX'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.