3edge Dynamic Fixed Etf Price on October 3, 2024
| EDGF Etf | 24.47 0.03 0.12% |
If you're considering investing in 3EDGE Etf, it is important to understand the factors that can impact its price. As of today, the current price of 3EDGE Dynamic stands at 24.47, as last reported on the 10th of January, with the highest price reaching 24.47 and the lowest price hitting 24.46 during the day. 3EDGE Dynamic Fixed secures Sharpe Ratio (or Efficiency) of -0.0954, which signifies that the etf had a -0.0954% return per unit of price deviation over the last 3 months. 3EDGE Dynamic Fixed exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 3EDGE Dynamic's Mean Deviation of 0.1157, risk adjusted performance of (0.12), and Variance of 0.0224 to double-check the risk estimate we provide.
3EDGE Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3EDGE |
Sharpe Ratio = -0.0954
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| Negative Returns | EDGF |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 3EDGE Dynamic 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 3EDGE Dynamic by adding 3EDGE Dynamic to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
3EDGE Dynamic Main Headline on 3rd of October 2024
3EDGE Rolls Out New Suite of Active ETFs - ETF Trends by news.google.com
3EDGE Rolls Out New Suite of Active ETFs ETF Trends
3EDGE Dynamic Valuation on October 3, 2024
It is possible to determine the worth of 3EDGE Dynamic on a given historical date. On October 3, 2024 3EDGE was worth 24.86 at the beginning of the trading date compared to the closed value of 24.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 3EDGE Dynamic etf. Still, in general, we apply an absolute valuation method to find 3EDGE Dynamic'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 3EDGE Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 3EDGE Dynamic's related companies.
| Open | High | Low | Close | Volume | |
10/03/2024 | 24.86 | 24.86 | 24.83 | 24.83 | 2,400 |
| 24.77 | 24.77 | 24.72 | 24.72 | 2,000 |
| Backtest 3EDGE Dynamic | | | 3EDGE Dynamic History | Next |
3EDGE Dynamic Trading Date Momentum on October 3, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About 3EDGE Dynamic Etf history
3EDGE Dynamic 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 3EDGE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 3EDGE Dynamic Fixed 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 3EDGE Dynamic stock prices may prove useful in developing a viable investing in 3EDGE Dynamic
3EDGE Dynamic Etf Technical Analysis
3EDGE Dynamic 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
3EDGE Dynamic Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
3EDGE Dynamic Fixed 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.
3EDGE Dynamic January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how 3EDGE Dynamic etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3EDGE Dynamic shares will generate the highest return on investment. By undertsting and applying 3EDGE Dynamic etf market strength indicators, traders can identify 3EDGE Dynamic Fixed entry and exit signals to maximize returns
3EDGE Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 3EDGE Dynamic's price direction in advance. Along with the technical and fundamental analysis of 3EDGE Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3EDGE 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 | (0.12) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (1.33) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3EDGE Dynamic Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of 3EDGE Dynamic Fixed is measured differently than its book value, which is the value of 3EDGE that is recorded on the company's balance sheet. Investors also form their own opinion of 3EDGE Dynamic's value that differs from its market value or its book value, called intrinsic value, which is 3EDGE Dynamic'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 3EDGE Dynamic's market value can be influenced by many factors that don't directly affect 3EDGE Dynamic'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 3EDGE Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3EDGE Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3EDGE Dynamic'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.