Chik Etf Price on May 16, 2023
CHIK Etf | USD 13.20 3.00 18.52% |
If you're considering investing in CHIK Etf, it is important to understand the factors that can impact its price. As of today, the current price of CHIK stands at 13.20, as last reported on the 20th of December, with the highest price reaching 16.29 and the lowest price hitting 13.20 during the day. We have found twenty-four technical indicators for CHIK, which you can use to evaluate the volatility of the entity. Please confirm CHIK's Risk Adjusted Performance of (0.08), coefficient of variation of (911.45), and Mean Deviation of 1.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
CHIK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CHIK |
Sharpe Ratio = 0.0
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Based on monthly moving average CHIK 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 CHIK by adding CHIK to a well-diversified portfolio.
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CHIK Valuation on May 16, 2023
It is possible to determine the worth of CHIK on a given historical date. On May 16, 2023 CHIK was worth 16.29 at the beginning of the trading date compared to the closed value of 16.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHIK etf. Still, in general, we apply an absolute valuation method to find CHIK'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 CHIK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHIK's related companies.
Open | High | Low | Close | Volume | |
16.49 | 16.49 | 16.43 | 16.43 | 134.00 | |
05/16/2023 | 16.29 | 16.29 | 16.23 | 16.23 | 21.00 |
16.18 | 16.18 | 16.12 | 16.12 | 130.00 |
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CHIK Trading Date Momentum on May 16, 2023
On May 17 2023 CHIK was traded for 16.12 at the closing time. The top price for the day was 16.18 and the lowest listed price was 16.12 . The trading volume for the day was 130. The trading history from May 17, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.68% . The overall trading delta against the current closing price is 1.29% . |
CHIK Fundamentals Correlations and Trends
By evaluating CHIK'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 CHIK's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CHIK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CHIK Etf history
CHIK 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 CHIK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHIK 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 CHIK stock prices may prove useful in developing a viable investing in CHIK
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.
CHIK Etf Technical Analysis
CHIK 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
CHIK Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
CHIK cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
CHIK December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how CHIK etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHIK shares will generate the highest return on investment. By undertsting and applying CHIK etf market strength indicators, traders can identify CHIK entry and exit signals to maximize returns
CHIK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHIK's price direction in advance. Along with the technical and fundamental analysis of CHIK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHIK 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 | (0.08) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (4.29) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of CHIK is measured differently than its book value, which is the value of CHIK that is recorded on the company's balance sheet. Investors also form their own opinion of CHIK's value that differs from its market value or its book value, called intrinsic value, which is CHIK'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 CHIK's market value can be influenced by many factors that don't directly affect CHIK'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 CHIK's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIK'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.