BetaShares Global (Australia) Price on October 14, 2024
| BNKS Etf | 8.72 0.01 0.11% |
Below is the normalized historical share price chart for BetaShares Global Banks extending back to July 28, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BetaShares Global stands at 8.72, as last reported on the 11th of December 2024, with the highest price reaching 8.72 and the lowest price hitting 8.67 during the day.
If you're considering investing in BetaShares Etf, it is important to understand the factors that can impact its price. BetaShares Global appears to be very steady, given 3 months investment horizon. BetaShares Global Banks secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the etf had a 0.26% return per unit of risk over the last 3 months. We have found thirty technical indicators for BetaShares Global Banks, which you can use to evaluate the volatility of the entity. Please makes use of BetaShares Global's Mean Deviation of 0.6186, downside deviation of 0.6463, and Risk Adjusted Performance of 0.1721 to double-check if our risk estimates are consistent with your expectations.
BetaShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.6909 | 50 Day MA 8.31 | Inception Date 2012-03-12 | Beta 0.8 |
BetaShares |
Sharpe Ratio = 0.2648
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average BetaShares Global is performing at about 20% 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 BetaShares Global by adding it to a well-diversified portfolio.
BetaShares Global Valuation on October 14, 2024
It is possible to determine the worth of BetaShares Global on a given historical date. On October 14, 2024 BetaShares was worth 7.94 at the beginning of the trading date compared to the closed value of 8.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaShares Global etf. Still, in general, we apply an absolute valuation method to find BetaShares Global'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 BetaShares Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaShares Global's related companies.
| Open | High | Low | Close | Volume | |
| 7.88 | 7.88 | 7.87 | 7.88 | 1,822 | |
10/14/2024 | 7.94 | 8.14 | 7.94 | 8.12 | 396,867 |
| 8.12 | 8.14 | 8.10 | 8.13 | 118,868 |
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BetaShares Global Trading Date Momentum on October 14, 2024
| On October 15 2024 BetaShares Global Banks was traded for 8.13 at the closing time. The highest price during the trading period was 8.14 and the lowest recorded bid was listed for 8.10 . The volume for the day was 118.9 K. This history from October 15, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.12% . The overall trading delta to the current price is 0.37% . |
BetaShares Global Banks Fundamentals Correlations and Trends
By evaluating BetaShares Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BetaShares Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BetaShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BetaShares Global Etf history
BetaShares Global 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 BetaShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaShares Global Banks 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 BetaShares Global stock prices may prove useful in developing a viable investing in BetaShares Global
BetaShares Global Etf Technical Analysis
BetaShares Global 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
BetaShares Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BetaShares Global Banks cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
BetaShares Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaShares Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaShares Global shares will generate the highest return on investment. By undertsting and applying BetaShares Global etf market strength indicators, traders can identify BetaShares Global Banks entry and exit signals to maximize returns
BetaShares Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaShares Global's price direction in advance. Along with the technical and fundamental analysis of BetaShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaShares 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 | 0.1721 | |||
| Jensen Alpha | 0.1152 | |||
| Total Risk Alpha | 0.0571 | |||
| Sortino Ratio | 0.1234 | |||
| Treynor Ratio | 0.2812 |
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Other Information on Investing in BetaShares Etf
BetaShares Global financial ratios help investors to determine whether BetaShares 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 BetaShares with respect to the benefits of owning BetaShares Global security.