ERShares Entrepreneurs ETF Price on December 29, 2023
ENTRDelisted Etf | USD 15.47 0.05 0.32% |
If you're considering investing in ERShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of ERShares Entrepreneurs stands at 15.47, as last reported on the 29th of December, with the highest price reaching 15.47 and the lowest price hitting 15.42 during the day. We have found twenty-nine technical indicators for ERShares Entrepreneurs ETF, which you can use to evaluate the volatility of the entity. Please confirm ERShares Entrepreneurs' Market Risk Adjusted Performance of (0.19), downside deviation of 1.54, and Mean Deviation of 1.02 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
ERShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average ERShares Entrepreneurs 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 ERShares Entrepreneurs by adding ERShares Entrepreneurs to a well-diversified portfolio.
ERShares Entrepreneurs Valuation on December 29, 2023
It is possible to determine the worth of ERShares Entrepreneurs on a given historical date. On December 29, 2023 ERShares was worth 13.88 at the beginning of the trading date compared to the closed value of 13.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ERShares Entrepreneurs etf. Still, in general, we apply an absolute valuation method to find ERShares Entrepreneurs' 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 ERShares Entrepreneurs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ERShares Entrepreneurs' related companies.
Open | High | Low | Close | Volume | |
13.84 | 13.84 | 13.73 | 13.74 | 2,400 | |
12/29/2023 | 13.88 | 13.88 | 13.51 | 13.52 | 13,800 |
13.08 | 13.08 | 13.08 | 13.08 | 100.00 |
Backtest ERShares Entrepreneurs | | | ERShares Entrepreneurs History | | | ERShares Entrepreneurs Valuation | Previous | Next |
ERShares Entrepreneurs Trading Date Momentum on December 29, 2023
On January 02 2024 ERShares Entrepreneurs ETF was traded for 13.08 at the closing time. The top price for the day was 13.08 and the lowest listed price was 13.08 . The trading volume for the day was 100.0. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.25% . The overall trading delta against the current closing price is 4.51% . |
ERShares Entrepreneurs Fundamentals Correlations and Trends
By evaluating ERShares Entrepreneurs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ERShares Entrepreneurs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ERShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ERShares Entrepreneurs Etf history
ERShares Entrepreneurs 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 ERShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ERShares Entrepreneurs 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 ERShares Entrepreneurs stock prices may prove useful in developing a viable investing in ERShares Entrepreneurs
The fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.
ERShares Entrepreneurs Etf Technical Analysis
ERShares Entrepreneurs 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
ERShares Entrepreneurs Period Price Range
Low | December 29, 2024
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0.00 | 0.00 |
ERShares Entrepreneurs ETF 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.
ERShares Entrepreneurs December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ERShares Entrepreneurs etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ERShares Entrepreneurs shares will generate the highest return on investment. By undertsting and applying ERShares Entrepreneurs etf market strength indicators, traders can identify ERShares Entrepreneurs ETF entry and exit signals to maximize returns
ERShares Entrepreneurs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ERShares Entrepreneurs' price direction in advance. Along with the technical and fundamental analysis of ERShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ERShares 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 | 0.0325 | |||
Jensen Alpha | 0.0437 | |||
Total Risk Alpha | 5.0E-4 | |||
Sortino Ratio | 0.0111 | |||
Treynor Ratio | (0.20) |
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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 estimate. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs 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 ERShares Entrepreneurs' history and understand the potential risks before investing.
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