Ci Galaxy Blockchain Etf Price on April 16, 2024
| CBCX Etf | 39.97 0.98 2.51% |
If you're considering investing in CBCX Etf, it is important to understand the factors that can impact its price. As of today, the current price of CI Galaxy stands at 39.97, as last reported on the 29th of November, with the highest price reaching 41.34 and the lowest price hitting 39.97 during the day. CI Galaxy appears to be not too volatile, given 3 months investment horizon. CI Galaxy Blockchain retains Efficiency (Sharpe Ratio) of 0.18, which signifies that the etf had a 0.18% return per unit of price deviation over the last 3 months. By evaluating CI Galaxy's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of CI Galaxy's Market Risk Adjusted Performance of 1.45, standard deviation of 4.57, and Coefficient Of Variation of 747.16 to double-check if our risk estimates are consistent with your expectations.
CBCX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CBCX |
Sharpe Ratio = 0.1848
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Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average CI Galaxy 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 CI Galaxy by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 7.7 K |
CI Galaxy Valuation on April 16, 2024
It is possible to determine the worth of CI Galaxy on a given historical date. On April 16, 2024 CBCX was worth 17.12 at the beginning of the trading date compared to the closed value of 17.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CI Galaxy etf. Still, in general, we apply an absolute valuation method to find CI Galaxy'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 CI Galaxy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CI Galaxy's related companies.
| Open | High | Low | Close | Volume | |
| 18.80 | 18.80 | 17.87 | 17.87 | 200.00 | |
04/16/2024 | 17.12 | 17.49 | 17.11 | 17.49 | 5,100 |
| 17.44 | 17.44 | 17.44 | 17.44 | 1.00 |
| Backtest CI Galaxy | | | CI Galaxy History | | | CI Galaxy Valuation | Previous | Next |
CI Galaxy Trading Date Momentum on April 16, 2024
| On April 17 2024 CI Galaxy Blockchain was traded for 17.44 at the closing time. The highest price during the trading period was 17.44 and the lowest recorded bid was listed for 17.44 . There was no trading activity during the period 1.0. Lack of trading volume on April 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.29% . The overall trading delta to the current price is 14.12% . |
About CI Galaxy Etf history
CI Galaxy 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 CBCX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CI Galaxy Blockchain 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 CI Galaxy stock prices may prove useful in developing a viable investing in CI Galaxy
CI Galaxy Etf Technical Analysis
CI Galaxy 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
CI Galaxy Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CI Galaxy Blockchain 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.
CI Galaxy November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CI Galaxy etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CI Galaxy shares will generate the highest return on investment. By undertsting and applying CI Galaxy etf market strength indicators, traders can identify CI Galaxy Blockchain entry and exit signals to maximize returns
CI Galaxy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CI Galaxy's price direction in advance. Along with the technical and fundamental analysis of CBCX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CBCX 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 | 0.1109 | |||
| Jensen Alpha | 0.5535 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1539 | |||
| Treynor Ratio | 1.44 |
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Other Information on Investing in CBCX Etf
CI Galaxy financial ratios help investors to determine whether CBCX 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 CBCX with respect to the benefits of owning CI Galaxy security.