Enact Holdings Etf Price on December 18, 2024

ACT Etf  USD 32.36  0.55  1.67%   
If you're considering investing in Enact Etf, it is important to understand the factors that can impact its price. As of today, the current price of Enact Holdings stands at 32.36, as last reported on the 29th of December, with the highest price reaching 32.90 and the lowest price hitting 32.35 during the day. Enact Holdings secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the etf had a -0.12% return per unit of standard deviation over the last 3 months. Enact Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enact Holdings' Mean Deviation of 0.903, standard deviation of 1.32, and Coefficient Of Variation of (917.41) to check the risk estimate we provide.
  
Enact Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1225

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Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Enact Holdings 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 Enact Holdings by adding Enact Holdings to a well-diversified portfolio.
Price Book
0.9869
Price Sales
4.155
Shares Float
28.3 M
Dividend Share
0.71
Wall Street Target Price
38.5

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Enact Holdings Valuation on December 18, 2024

It is possible to determine the worth of Enact Holdings on a given historical date. On December 18, 2024 Enact was worth 33.93 at the beginning of the trading date compared to the closed value of 32.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enact Holdings etf. Still, in general, we apply an absolute valuation method to find Enact Holdings' 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 Enact Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enact Holdings' related companies.
 Open High Low Close Volume
  34.05    34.37    33.77    33.92    212,435  
12/18/2024
  33.93    34.10    32.51    32.60    340,460  
  32.77    33.09    32.57    32.60    285,782  
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Open Value
33.93
32.6
Closing Value
37.93
Upside

Enact Holdings Trading Date Momentum on December 18, 2024

On December 19 2024 Enact Holdings was traded for  32.60  at the closing time. Highest Enact Holdings's price during the trading hours was 33.09  and the lowest price during the day was  32.57 . The net volume was 285.8 K. The overall trading history on the 19th of December did not affect price variability. The overall trading delta to current price is 0.25% .

Enact Holdings Fundamentals Correlations and Trends

By evaluating Enact Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enact Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enact financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Enact Holdings Etf history

Enact Holdings 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 Enact is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enact Holdings 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 Enact Holdings stock prices may prove useful in developing a viable investing in Enact Holdings
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. Enact Holdings is listed under InsuranceSpecialty in the United States and is traded on NASDAQ Exchange exchange.

Enact Holdings Etf Technical Analysis

Enact Holdings 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.
A focus of Enact Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enact Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Enact Holdings Period Price Range

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High

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Enact Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Enact Holdings December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Enact Holdings etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enact Holdings shares will generate the highest return on investment. By undertsting and applying Enact Holdings etf market strength indicators, traders can identify Enact Holdings entry and exit signals to maximize returns

Enact Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enact Holdings' price direction in advance. Along with the technical and fundamental analysis of Enact Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enact 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.

Other Information on Investing in Enact Etf

Enact Holdings financial ratios help investors to determine whether Enact Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enact with respect to the benefits of owning Enact Holdings security.