Changebridge Capital Sustainable Etf Price on January 2, 2025
| CBSE Etf | USD 34.28 0.33 0.95% |
Below is the normalized historical share price chart for Changebridge Capital Sustainable extending back to November 13, 2020. 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 Changebridge Capital stands at 34.28, as last reported on the 10th of January, with the highest price reaching 34.28 and the lowest price hitting 33.95 during the day.
If you're considering investing in Changebridge Etf, it is important to understand the factors that can impact its price. At this point, Changebridge Capital is very steady. Changebridge Capital secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Changebridge Capital Sustainable, which you can use to evaluate the volatility of the entity. Please confirm Changebridge Capital's risk adjusted performance of 0.0939, and Mean Deviation of 0.9812 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Changebridge Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 23.26 | 200 Day MA 30.6781 | 1 y Volatility 20.25 | 50 Day MA 33.4863 | Inception Date 2020-11-12 |
Changebridge |
Sharpe Ratio = 0.1218
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CBSE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Changebridge Capital 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 Changebridge Capital by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 7.6 K |
Changebridge Capital Valuation on January 2, 2025
It is possible to determine the worth of Changebridge Capital on a given historical date. On January 2, 2025 Changebridge was worth 33.81 at the beginning of the trading date compared to the closed value of 33.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Changebridge Capital etf. Still, in general, we apply an absolute valuation method to find Changebridge Capital'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 Changebridge Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Changebridge Capital's related companies.
| Open | High | Low | Close | Volume | |
| 33.49 | 33.49 | 33.05 | 33.10 | 9,200 | |
01/02/2025 | 33.81 | 33.81 | 33.28 | 33.56 | 1,300 |
| 34.27 | 34.90 | 34.27 | 34.86 | 16,300 |
| Backtest Changebridge Capital | | | Changebridge Capital History | | | Changebridge Capital Valuation | Previous | Next |
Changebridge Capital Trading Date Momentum on January 2, 2025
| On January 03 2025 Changebridge Capital Sustainable was traded for 34.86 at the closing time. The top price for the day was 34.90 and the lowest listed price was 34.27 . The trading volume for the day was 16.3 K. The trading history from January 3, 2025 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 3.87% . The overall trading delta against the current closing price is 2.12% . |
Changebridge Capital Fundamentals Correlations and Trends
By evaluating Changebridge Capital'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 Changebridge Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Changebridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Changebridge Capital Etf history
Changebridge Capital 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 Changebridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Changebridge Capital 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 Changebridge Capital stock prices may prove useful in developing a viable investing in Changebridge Capital
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing securities Changebridge Capital, LLC, the funds investment adviser, believes to have above-average financial characteristics and growth potential that exhibit positive ESG attributes. Changebridge Capital is traded on NYSEARCA Exchange in the United States.
Changebridge Capital Etf Technical Analysis
Changebridge Capital 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
Changebridge Capital Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Changebridge Capital Sustainable cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Changebridge Capital January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Changebridge Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Changebridge Capital shares will generate the highest return on investment. By undertsting and applying Changebridge Capital etf market strength indicators, traders can identify Changebridge Capital Sustainable entry and exit signals to maximize returns
Changebridge Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Changebridge Capital's price direction in advance. Along with the technical and fundamental analysis of Changebridge Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Changebridge 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 | 0.0939 | |||
| Jensen Alpha | 0.1305 | |||
| Total Risk Alpha | 0.1077 | |||
| Sortino Ratio | 0.0929 | |||
| Treynor Ratio | 0.4238 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changebridge Capital Sustainable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Changebridge Capital is measured differently than its book value, which is the value of Changebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Changebridge Capital's value that differs from its market value or its book value, called intrinsic value, which is Changebridge Capital'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 Changebridge Capital's market value can be influenced by many factors that don't directly affect Changebridge Capital'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 Changebridge Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Changebridge Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Changebridge Capital'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.