Chis Etf Price on July 11, 2023
CHIS Etf | USD 19.81 0.02 0.10% |
If you're considering investing in CHIS Etf, it is important to understand the factors that can impact its price. As of today, the current price of CHIS stands at 19.81, as last reported on the 22nd of December, with the highest price reaching 19.81 and the lowest price hitting 19.68 during the day. We have found twenty-four technical indicators for CHIS, which you can use to evaluate the volatility of the entity. Please confirm CHIS's Mean Deviation of 1.08, coefficient of variation of (966.33), and Risk Adjusted Performance of (0.08) to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
CHIS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CHIS |
Sharpe Ratio = 0.0
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Based on monthly moving average CHIS 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 CHIS by adding CHIS to a well-diversified portfolio.
CHIS Valuation on July 11, 2023
It is possible to determine the worth of CHIS on a given historical date. On July 11, 2023 CHIS was worth 19.37 at the beginning of the trading date compared to the closed value of 19.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHIS etf. Still, in general, we apply an absolute valuation method to find CHIS'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 CHIS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHIS's related companies.
Open | High | Low | Close | Volume | |
19.09 | 19.32 | 19.09 | 19.32 | 2,156 | |
07/11/2023 | 19.37 | 19.37 | 19.31 | 19.31 | 386.00 |
19.53 | 19.64 | 19.53 | 19.59 | 245.00 |
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CHIS Trading Date Momentum on July 11, 2023
On July 12 2023 CHIS was traded for 19.59 at the closing time. The top price for the day was 19.64 and the lowest listed price was 19.53 . The trading volume for the day was 245. The trading history from July 12, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.45% . The overall trading delta against the current closing price is 2.74% . |
CHIS Fundamentals Correlations and Trends
By evaluating CHIS'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 CHIS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CHIS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CHIS Etf history
CHIS 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 CHIS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHIS 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 CHIS stock prices may prove useful in developing a viable investing in CHIS
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.
CHIS Etf Technical Analysis
CHIS 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
CHIS Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
CHIS 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.
CHIS December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how CHIS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHIS shares will generate the highest return on investment. By undertsting and applying CHIS etf market strength indicators, traders can identify CHIS entry and exit signals to maximize returns
CHIS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHIS's price direction in advance. Along with the technical and fundamental analysis of CHIS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHIS 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 | (0.14) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | 0.8581 |
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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of CHIS is measured differently than its book value, which is the value of CHIS that is recorded on the company's balance sheet. Investors also form their own opinion of CHIS's value that differs from its market value or its book value, called intrinsic value, which is CHIS'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 CHIS's market value can be influenced by many factors that don't directly affect CHIS'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 CHIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIS'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.