Elkhorn Price on March 31, 2023
DWACDelisted Etf | USD 17.63 1.37 7.21% |
If you're considering investing in Elkhorn Etf, it is important to understand the factors that can impact its price. As of today, the current price of Elkhorn stands at 17.63, as last reported on the 27th of December, with the highest price reaching 19.00 and the lowest price hitting 16.50 during the day. We have found twenty-nine technical indicators for Elkhorn, which you can use to evaluate the volatility of the entity. Please confirm Elkhorn's Downside Deviation of 2.5, coefficient of variation of 1069.57, and Mean Deviation of 2.53 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Elkhorn Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Elkhorn |
Sharpe Ratio = 0.0
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Based on monthly moving average Elkhorn 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 Elkhorn by adding Elkhorn to a well-diversified portfolio.
Elkhorn Valuation on March 31, 2023
It is possible to determine the worth of Elkhorn on a given historical date. On March 31, 2023 Elkhorn was worth 14.07 at the beginning of the trading date compared to the closed value of 14.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elkhorn etf. Still, in general, we apply an absolute valuation method to find Elkhorn'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 Elkhorn where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elkhorn's related companies.
Open | High | Low | Close | Volume | |
13.19 | 13.28 | 13.05 | 13.06 | 213,740 | |
03/31/2023 | 14.07 | 14.50 | 13.52 | 14.05 | 2,379,719 |
14.25 | 16.00 | 14.10 | 15.25 | 2,458,115 |
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Elkhorn Trading Date Momentum on March 31, 2023
On April 03 2023 Elkhorn was traded for 15.25 at the closing time. The top price for the day was 16.00 and the lowest listed price was 14.10 . The trading volume for the day was 2.5 M. The trading history from April 3, 2023 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 8.54% . The overall trading delta against the current closing price is 6.41% . |
Elkhorn Fundamentals Correlations and Trends
By evaluating Elkhorn'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 Elkhorn's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elkhorn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elkhorn Etf history
Elkhorn 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 Elkhorn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elkhorn 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 Elkhorn stock prices may prove useful in developing a viable investing in Elkhorn
Elkhorn Etf Technical Analysis
Elkhorn 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, delisted etf market cycles, or different charting patterns.
Price Boundaries
Elkhorn Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Elkhorn 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.
Elkhorn December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Elkhorn etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elkhorn shares will generate the highest return on investment. By undertsting and applying Elkhorn etf market strength indicators, traders can identify Elkhorn entry and exit signals to maximize returns
Elkhorn Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elkhorn's price direction in advance. Along with the technical and fundamental analysis of Elkhorn Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elkhorn 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 | 0.0831 | |||
Jensen Alpha | 0.6431 | |||
Total Risk Alpha | 0.2595 | |||
Sortino Ratio | 0.2372 | |||
Treynor Ratio | (3.85) |
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Check out Investing Opportunities 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 nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Elkhorn Etf
If you are still planning to invest in Elkhorn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elkhorn's history and understand the potential risks before investing.
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