Change Finance Diversified Etf Price on December 4, 2024
| CHGX Etf | USD 38.31 0.16 0.42% |
Below is the normalized historical share price chart for Change Finance Diversified extending back to October 10, 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 Change Finance stands at 38.31, as last reported on the 10th of January, with the highest price reaching 38.31 and the lowest price hitting 38.01 during the day.
If you're considering investing in Change Etf, it is important to understand the factors that can impact its price. Change Finance Diver secures Sharpe Ratio (or Efficiency) of -0.0275, which signifies that the etf had a -0.0275% return per unit of standard deviation over the last 3 months. Change Finance Diversified exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Change Finance's risk adjusted performance of 0.0124, and Mean Deviation of 0.6343 to double-check the risk estimate we provide.
Change Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.9 | 200 Day MA 37.1776 | 1 y Volatility 12.63 | 50 Day MA 39.2092 | Inception Date 2017-10-09 |
Change |
Sharpe Ratio = -0.0275
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| Negative Returns | CHGX |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Change Finance is not performing at its full potential. However, 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 Change Finance by adding Change Finance to a well-diversified portfolio.
Average Mkt Cap Mil 99.9 K |
Change Finance Valuation on December 4, 2024
It is possible to determine the worth of Change Finance on a given historical date. On December 4, 2024 Change was worth 40.18 at the beginning of the trading date compared to the closed value of 40.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Change Finance etf. Still, in general, we apply an absolute valuation method to find Change Finance'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 Change Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Change Finance's related companies.
| Open | High | Low | Close | Volume | |
| 39.81 | 39.85 | 39.75 | 39.83 | 8,192 | |
12/04/2024 | 40.18 | 40.18 | 40.03 | 40.18 | 3,819 |
| 40.04 | 40.04 | 39.82 | 39.82 | 3,861 |
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Change Finance Trading Date Momentum on December 4, 2024
| On December 05 2024 Change Finance Diversified was traded for 39.82 at the closing time. The top price for the day was 40.04 and the lowest listed price was 39.82 . The trading volume for the day was 3.9 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.90% . The overall trading delta against the current closing price is 1.74% . |
Change Finance Diver Fundamentals Correlations and Trends
By evaluating Change Finance'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 Change Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Change financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Change Finance Etf history
Change Finance 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 Change is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Change Finance Diver 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 Change Finance stock prices may prove useful in developing a viable investing in Change Finance
The index measures the performance of an equal-weighted portfolio of approximately 100 large-, mid-capitalization equity securities of U.S. Diversified Impact is traded on NYSEARCA Exchange in the United States.
Change Finance Etf Technical Analysis
Change Finance 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
Change Finance Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Change Finance Diversified 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.
Change Finance January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Change Finance etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Change Finance shares will generate the highest return on investment. By undertsting and applying Change Finance etf market strength indicators, traders can identify Change Finance Diversified entry and exit signals to maximize returns
Change Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Change Finance's price direction in advance. Along with the technical and fundamental analysis of Change Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Change 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 | 0.0124 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0108 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Change Finance Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.