Fam Etf Price on June 12, 2024
| FAM Etf | USD 6.74 0.00 0.00% |
If you're considering investing in FAM Etf, it is important to understand the factors that can impact its price. As of today, the current price of FAM stands at 6.74, as last reported on the 13th of December 2024, with the highest price reaching 6.74 and the lowest price hitting 6.74 during the day. FAM appears to be not too volatile, given 3 months investment horizon. FAM secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the etf had a 0.27% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for FAM, which you can use to evaluate the volatility of the entity. Please utilize FAM's Mean Deviation of 0.5525, semi deviation of 0.6075, and Downside Deviation of 0.827 to check if our risk estimates are consistent with your expectations.
FAM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FAM |
Sharpe Ratio = 0.266
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average FAM is performing at about 20% 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 FAM by adding it to a well-diversified portfolio.
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FAM Valuation on June 12, 2024
It is possible to determine the worth of FAM on a given historical date. On June 12, 2024 FAM was worth 6.16 at the beginning of the trading date compared to the closed value of 6.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FAM etf. Still, in general, we apply an absolute valuation method to find FAM'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 FAM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FAM's related companies.
| Open | High | Low | Close | Volume | |
| 6.22 | 6.29 | 6.15 | 6.21 | 12,817 | |
06/12/2024 | 6.16 | 6.27 | 6.15 | 6.22 | 21,207 |
| 6.15 | 6.24 | 6.15 | 6.20 | 8,544 |
| Backtest FAM | | | FAM History | | | FAM Valuation | Previous | Next |
FAM Trading Date Momentum on June 12, 2024
| On June 13 2024 FAM was traded for 6.20 at the closing time. Highest FAM's price during the trading hours was 6.24 and the lowest price during the day was 6.15 . The net volume was 8.5 K. The overall trading history on the 13th of June 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.32% . The overall trading delta to current price is 1.29% . |
FAM Fundamentals Correlations and Trends
By evaluating FAM'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 FAM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FAM Etf history
FAM 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 FAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FAM 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 FAM stock prices may prove useful in developing a viable investing in FAM
First TrustAbrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. First TrustAberdeen is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
FAM Etf Technical Analysis
FAM 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
FAM Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
FAM 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.
FAM December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how FAM etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FAM shares will generate the highest return on investment. By undertsting and applying FAM etf market strength indicators, traders can identify FAM entry and exit signals to maximize returns
FAM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FAM's price direction in advance. Along with the technical and fundamental analysis of FAM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FAM 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 | 0.1051 | |||
| Jensen Alpha | 0.1178 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.001 | |||
| Treynor Ratio | (0.69) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of FAM is measured differently than its book value, which is the value of FAM that is recorded on the company's balance sheet. Investors also form their own opinion of FAM's value that differs from its market value or its book value, called intrinsic value, which is FAM'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 FAM's market value can be influenced by many factors that don't directly affect FAM'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 FAM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FAM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FAM'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.