Trust For Professional Etf Price on September 18, 2024
| CLSE Etf | USD 22.89 0.60 2.55% |
If you're considering investing in Trust Etf, it is important to understand the factors that can impact its price. As of today, the current price of Trust For stands at 22.89, as last reported on the 19th of December, with the highest price reaching 23.62 and the lowest price hitting 22.85 during the day. At this point, Trust For is very steady. Trust For Professional owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0822, which indicates the etf had a 0.0822% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trust For Professional, which you can use to evaluate the volatility of the etf. Please validate Trust For's Coefficient Of Variation of 853.44, semi deviation of 0.8298, and Risk Adjusted Performance of 0.0941 to confirm if the risk estimate we provide is consistent with the expected return of 0.0722%.
Trust Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Trust |
Sharpe Ratio = 0.0822
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Trust For is performing at about 6% 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 Trust For by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 58.7 K |
Trust For Valuation on September 18, 2024
It is possible to determine the worth of Trust For on a given historical date. On September 18, 2024 Trust was worth 21.43 at the beginning of the trading date compared to the closed value of 21.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trust For etf. Still, in general, we apply an absolute valuation method to find Trust For'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 Trust For where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trust For's related companies.
| Open | High | Low | Close | Volume | |
| 21.47 | 21.58 | 21.37 | 21.44 | 66,700 | |
09/18/2024 | 21.43 | 21.59 | 21.40 | 21.49 | 75,700 |
| 21.70 | 21.79 | 21.62 | 21.74 | 45,000 |
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Trust For Trading Date Momentum on September 18, 2024
| On September 19 2024 Trust For Professional was traded for 21.74 at the closing time. The top price for the day was 21.79 and the lowest listed price was 21.62 . The trading volume for the day was 45 K. The trading history from September 19, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.16% . The trading price change against the current closing price is 1.63% . |
Trust For Professional Fundamentals Correlations and Trends
By evaluating Trust For'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 Trust For's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trust financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trust For Etf history
Trust For 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 Trust is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trust For Professional 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 Trust For stock prices may prove useful in developing a viable investing in Trust For
The fund seeks to invest, under normal market conditions, at least 80 percent of its net assets in long and short positions in equity securities of domestic companies. Convergence LongShort is traded on BATS Exchange in the United States.
Trust For Etf Technical Analysis
Trust For 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
Trust For Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Trust For Professional cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Trust For December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Trust For etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trust For shares will generate the highest return on investment. By undertsting and applying Trust For etf market strength indicators, traders can identify Trust For Professional entry and exit signals to maximize returns
Trust For Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trust For's price direction in advance. Along with the technical and fundamental analysis of Trust Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trust 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 | 0.0941 | |||
| Jensen Alpha | 0.0816 | |||
| Total Risk Alpha | 0.0719 | |||
| Sortino Ratio | 0.0757 | |||
| Treynor Ratio | 0.1551 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Trust For Professional. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Trust For Professional is measured differently than its book value, which is the value of Trust that is recorded on the company's balance sheet. Investors also form their own opinion of Trust For's value that differs from its market value or its book value, called intrinsic value, which is Trust For'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 Trust For's market value can be influenced by many factors that don't directly affect Trust For'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 Trust For's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trust For is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trust For'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.