Rex Ai Equity Etf Price on November 5, 2024
| AIPI Etf | 50.47 0.83 1.62% |
If you're considering investing in REX Etf, it is important to understand the factors that can impact its price. As of today, the current price of REX AI stands at 50.47, as last reported on the 24th of December, with the highest price reaching 50.48 and the lowest price hitting 49.89 during the day. REX AI is very steady at the moment. REX AI Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for REX AI Equity, which you can use to evaluate the volatility of the etf. Please check REX AI's Risk Adjusted Performance of 0.1403, semi deviation of 0.9228, and Coefficient Of Variation of 576.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
REX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
REX |
Sharpe Ratio = 0.1264
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average REX AI is performing at about 9% of its full potential. 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 REX AI by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 322 K |
REX AI Valuation on November 5, 2024
It is possible to determine the worth of REX AI on a given historical date. On November 5, 2024 REX was worth 48.08 at the beginning of the trading date compared to the closed value of 48.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of REX AI etf. Still, in general, we apply an absolute valuation method to find REX AI'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 REX AI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against REX AI's related companies.
| Open | High | Low | Close | Volume | |
| 47.61 | 48.02 | 47.25 | 47.64 | 85,200 | |
11/05/2024 | 48.08 | 48.76 | 48.08 | 48.76 | 58,800 |
| 49.26 | 49.61 | 49.19 | 49.61 | 105,600 |
| Backtest REX AI | | | REX AI History | | | REX AI Valuation | Previous | Next |
REX AI Trading Date Momentum on November 5, 2024
| On November 06 2024 REX AI Equity was traded for 49.61 at the closing time. The top price for the day was 49.61 and the lowest listed price was 49.19 . The trading volume for the day was 105.6 K. The trading history from November 6, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.74% . The trading delta at closing time against the current closing price is 0.94% . |
About REX AI Etf history
REX AI 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 REX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in REX AI Equity 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 REX AI stock prices may prove useful in developing a viable investing in REX AI
REX AI Etf Technical Analysis
REX AI 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
REX AI Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
REX AI Equity 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.
REX AI December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how REX AI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading REX AI shares will generate the highest return on investment. By undertsting and applying REX AI etf market strength indicators, traders can identify REX AI Equity entry and exit signals to maximize returns
REX AI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for REX AI's price direction in advance. Along with the technical and fundamental analysis of REX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of REX 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 | 0.1403 | |||
| Jensen Alpha | 0.1457 | |||
| Total Risk Alpha | 0.1136 | |||
| Sortino Ratio | 0.112 | |||
| Treynor Ratio | 0.5867 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in REX AI Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of REX AI Equity is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX AI's value that differs from its market value or its book value, called intrinsic value, which is REX AI'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 REX AI's market value can be influenced by many factors that don't directly affect REX AI'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 REX AI's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX AI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX AI'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.