Teucrium Corn Etf Price on October 11, 2024
CORN Etf | USD 18.26 0.12 0.65% |
Below is the normalized historical share price chart for Teucrium Corn extending back to June 09, 2010. 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 Teucrium Corn stands at 18.26, as last reported on the 16th of December 2024, with the highest price reaching 18.33 and the lowest price hitting 18.19 during the day.
If you're considering investing in Teucrium Etf, it is important to understand the factors that can impact its price. As of now, Teucrium Etf is very steady. Teucrium Corn owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0144, which indicates the etf had a 0.0144% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Teucrium Corn, which you can use to evaluate the volatility of the etf. Please validate Teucrium Corn's Coefficient Of Variation of 2851.84, semi deviation of 0.7524, and Risk Adjusted Performance of 0.0268 to confirm if the risk estimate we provide is consistent with the expected return of 0.012%.
Teucrium Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.42 | 200 Day MA 18.8049 | 1 y Volatility 12.57 | 50 Day MA 18.0678 | Inception Date 2010-06-09 |
Teucrium |
Sharpe Ratio = 0.0144
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Teucrium Corn is performing at about 1% 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 Teucrium Corn by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Teucrium Corn Valuation on October 11, 2024
It is possible to determine the worth of Teucrium Corn on a given historical date. On October 11, 2024 Teucrium was worth 18.28 at the beginning of the trading date compared to the closed value of 18.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teucrium Corn etf. Still, in general, we apply an absolute valuation method to find Teucrium Corn'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 Teucrium Corn where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teucrium Corn's related companies.
Open | High | Low | Close | Volume | |
18.33 | 18.41 | 18.26 | 18.30 | 52,462 | |
10/11/2024 | 18.28 | 18.40 | 18.19 | 18.23 | 66,111 |
18.08 | 18.08 | 17.82 | 17.83 | 94,607 |
Backtest Teucrium Corn | | | Teucrium Corn History | | | Teucrium Corn Valuation | Previous | Next |
Teucrium Corn Trading Date Momentum on October 11, 2024
On October 14 2024 Teucrium Corn was traded for 17.83 at the closing time. The top price for the day was 18.08 and the lowest listed price was 17.82 . The trading volume for the day was 94.6 K. The trading history from October 14, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.19% . The trading price change against the current closing price is 3.62% . |
Teucrium Corn Fundamentals Correlations and Trends
By evaluating Teucrium Corn'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 Teucrium Corn's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teucrium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teucrium Corn Etf history
Teucrium Corn 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 Teucrium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teucrium Corn 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 Teucrium Corn stock prices may prove useful in developing a viable investing in Teucrium Corn
The Benchmark is a weighted average of the closing settlement prices for three futures contracts for corn that are traded on the Chicago Board of Trade. Teucrium Corn is traded on NYSEARCA Exchange in the United States.
Teucrium Corn Etf Technical Analysis
Teucrium Corn 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
Teucrium Corn Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Teucrium Corn 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.
Teucrium Corn December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Teucrium Corn etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teucrium Corn shares will generate the highest return on investment. By undertsting and applying Teucrium Corn etf market strength indicators, traders can identify Teucrium Corn entry and exit signals to maximize returns
Teucrium Corn Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teucrium Corn's price direction in advance. Along with the technical and fundamental analysis of Teucrium Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teucrium 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 | 0.0268 | |||
Jensen Alpha | 0.0234 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | (0.43) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Teucrium Corn. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Teucrium Corn is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Corn's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Corn'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 Teucrium Corn's market value can be influenced by many factors that don't directly affect Teucrium Corn'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 Teucrium Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Corn'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.