Evolve Banks Enhanced Etf Price on June 7, 2024
| CALL Etf | CAD 14.19 0.05 0.35% |
Below is the normalized historical share price chart for Evolve Banks Enhanced extending back to October 16, 2017. 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 Evolve Banks stands at 14.19, as last reported on the 11th of December 2024, with the highest price reaching 14.35 and the lowest price hitting 14.17 during the day.
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. Evolve Banks appears to be very steady, given 3 months investment horizon. Evolve Banks Enhanced secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the etf had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evolve Banks Enhanced, which you can use to evaluate the volatility of the entity. Please utilize Evolve Banks' Mean Deviation of 0.9985, coefficient of variation of 700.16, and Downside Deviation of 0.9656 to check if our risk estimates are consistent with your expectations.
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 28.89 | 200 Day MA 12.6183 | 1 y Volatility 17.84 | 50 Day MA 13.7629 | Inception Date 2017-10-12 |
Evolve |
Sharpe Ratio = 0.1829
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Evolve Banks is performing at about 14% 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 Evolve Banks by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 92.1 K |
Evolve Banks Main Headline on 7th of June 2024
Evolve Banks Enhanced dividend paid on 7th of June 2024 |
Evolve Banks Valuation on June 7, 2024
It is possible to determine the worth of Evolve Banks on a given historical date. On June 7, 2024 Evolve was worth 11.12 at the beginning of the trading date compared to the closed value of 11.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Banks etf. Still, in general, we apply an absolute valuation method to find Evolve Banks' 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 Evolve Banks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Banks' related companies.
| Open | High | Low | Close | Volume | |
| 11.24 | 11.24 | 11.12 | 11.16 | 8,000 | |
06/07/2024 | 11.12 | 11.19 | 11.11 | 11.16 | 4,300 |
| 11.06 | 11.08 | 10.95 | 11.02 | 9,400 |
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Evolve Banks Trading Date Momentum on June 7, 2024
| On June 10 2024 Evolve Banks Enhanced was traded for 11.02 at the closing time. The highest price during the trading period was 11.08 and the lowest recorded bid was listed for 10.95 . The volume for the day was 9.4 K. This history from June 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.25% . The overall trading delta to the current price is 2.33% . |
Evolve Banks Enhanced Fundamentals Correlations and Trends
By evaluating Evolve Banks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evolve Banks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolve Banks Etf history
Evolve Banks 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve Banks Enhanced 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 Evolve Banks stock prices may prove useful in developing a viable investing in Evolve Banks
CALL seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. EVOLVE US is traded on Toronto Stock Exchange in Canada.
Evolve Banks Etf Technical Analysis
Evolve Banks 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
Evolve Banks Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Evolve Banks Enhanced cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Evolve Banks December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve Banks etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Banks shares will generate the highest return on investment. By undertsting and applying Evolve Banks etf market strength indicators, traders can identify Evolve Banks Enhanced entry and exit signals to maximize returns
Evolve Banks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve Banks' price direction in advance. Along with the technical and fundamental analysis of Evolve Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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 | 0.1087 | |||
| Jensen Alpha | 0.179 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1097 | |||
| Treynor Ratio | 0.6099 |
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Other Information on Investing in Evolve Etf
Evolve Banks financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Banks security.