Abhy Etf Price on December 4, 2024
| ABHY Etf | 19.05 0.01 0.05% |
If you're considering investing in ABHY Etf, it is important to understand the factors that can impact its price. As of today, the current price of ABHY stands at 19.05, as last reported on the 1st of January, with the highest price reaching 19.07 and the lowest price hitting 19.02 during the day. ABHY secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the etf had a -0.11% return per unit of risk over the last 3 months. ABHY exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABHY's mean deviation of 0.1743, and Variance of 0.0579 to double-check the risk estimate we provide.
ABHY Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ABHY |
Sharpe Ratio = -0.1138
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABHY |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABHY is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABHY by adding ABHY to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ABHY Main Headline on 4th of December 2024
market valuations Is the Indian market finally in the buy zo... by news.google.com
market valuations Is the Indian market finally in the buy zone Abhay Agarwal answers The Economic Times
ABHY Valuation on December 4, 2024
It is possible to determine the worth of ABHY on a given historical date. On December 4, 2024 ABHY was worth 19.3 at the beginning of the trading date compared to the closed value of 19.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABHY etf. Still, in general, we apply an absolute valuation method to find ABHY's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ABHY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABHY's related companies.
| Open | High | Low | Close | Volume | |
| 19.29 | 19.29 | 19.27 | 19.27 | 700.00 | |
12/04/2024 | 19.30 | 19.32 | 19.28 | 19.32 | 3,400 |
| 19.29 | 19.31 | 19.29 | 19.31 | 1,500 |
| Backtest ABHY | | | ABHY History | Previous | Next |
ABHY Trading Date Momentum on December 4, 2024
| On December 05 2024 ABHY was traded for 19.31 at the closing time. The top price for the day was 19.31 and the lowest listed price was 19.29 . The trading volume for the day was 1.5 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.05% . The overall trading delta against the current closing price is 0.47% . |
About ABHY Etf history
ABHY investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ABHY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABHY will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ABHY stock prices may prove useful in developing a viable investing in ABHY
ABHY Etf Technical Analysis
ABHY 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.
Price Boundaries
ABHY Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
ABHY cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ABHY January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how ABHY etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABHY shares will generate the highest return on investment. By undertsting and applying ABHY etf market strength indicators, traders can identify ABHY entry and exit signals to maximize returns
ABHY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABHY's price direction in advance. Along with the technical and fundamental analysis of ABHY Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABHY to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.02) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABHY. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of ABHY is measured differently than its book value, which is the value of ABHY that is recorded on the company's balance sheet. Investors also form their own opinion of ABHY's value that differs from its market value or its book value, called intrinsic value, which is ABHY'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 ABHY's market value can be influenced by many factors that don't directly affect ABHY'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 ABHY's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABHY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABHY'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.