Aptus Defined Risk Etf Price on May 3, 2024
| DRSK Etf | USD 28.37 0.07 0.25% |
Below is the normalized historical share price chart for Aptus Defined Risk extending back to August 08, 2018. 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 Aptus Defined stands at 28.37, as last reported on the 17th of December 2024, with the highest price reaching 28.37 and the lowest price hitting 28.37 during the day.
If you're considering investing in Aptus Etf, it is important to understand the factors that can impact its price. As of now, Aptus Etf is very steady. Aptus Defined Risk secures Sharpe Ratio (or Efficiency) of 0.0352, which signifies that the etf had a 0.0352% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aptus Defined Risk, which you can use to evaluate the volatility of the entity. Please confirm Aptus Defined's Mean Deviation of 0.342, downside deviation of 0.4666, and Risk Adjusted Performance of 0.0152 to double-check if the risk estimate we provide is consistent with the expected return of 0.0168%.
Aptus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.58 | 200 Day MA 27.2996 | 1 y Volatility 8.41 | 50 Day MA 27.9796 | Inception Date 2018-08-07 |
Aptus |
Sharpe Ratio = 0.0352
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| Negative Returns | DRSK |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Aptus Defined is performing at about 2% 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 Aptus Defined by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 344.7 K |
Aptus Defined Valuation on May 3, 2024
It is possible to determine the worth of Aptus Defined on a given historical date. On May 3, 2024 Aptus was worth 25.44 at the beginning of the trading date compared to the closed value of 25.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aptus Defined etf. Still, in general, we apply an absolute valuation method to find Aptus Defined'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 Aptus Defined where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aptus Defined's related companies.
| Open | High | Low | Close | Volume | |
| 25.28 | 25.44 | 25.26 | 25.44 | 94,857 | |
05/03/2024 | 25.44 | 25.86 | 25.44 | 25.69 | 259,867 |
| 25.77 | 25.90 | 25.77 | 25.90 | 88,012 |
| Backtest Aptus Defined | | | Aptus Defined History | | | Aptus Defined Valuation | Previous | Next |
Aptus Defined Trading Date Momentum on May 3, 2024
| On May 06 2024 Aptus Defined Risk was traded for 25.90 at the closing time. The top price for the day was 25.90 and the lowest listed price was 25.77 . The trading volume for the day was 88 K. The trading history from May 6, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.82% . The overall trading delta against the current closing price is 1.40% . |
Aptus Defined Risk Fundamentals Correlations and Trends
By evaluating Aptus Defined'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 Aptus Defined's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aptus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aptus Defined Etf history
Aptus Defined 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 Aptus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aptus Defined Risk 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 Aptus Defined stock prices may prove useful in developing a viable investing in Aptus Defined
The fund is an actively managed exchange-traded fund that seeks to achieve its objective through a hybrid fixed income and equity strategy. Aptus Defined is traded on BATS Exchange in the United States.
Aptus Defined Etf Technical Analysis
Aptus Defined 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
Aptus Defined Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Aptus Defined Risk 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.
Aptus Defined December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Aptus Defined etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aptus Defined shares will generate the highest return on investment. By undertsting and applying Aptus Defined etf market strength indicators, traders can identify Aptus Defined Risk entry and exit signals to maximize returns
Aptus Defined Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aptus Defined's price direction in advance. Along with the technical and fundamental analysis of Aptus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aptus 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 | 0.0152 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0116 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aptus Defined Risk. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Aptus Defined Risk is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Defined's value that differs from its market value or its book value, called intrinsic value, which is Aptus Defined'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 Aptus Defined's market value can be influenced by many factors that don't directly affect Aptus Defined'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 Aptus Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Defined is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Defined'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.