MicroSectors FANG Index Price on August 29, 2024

FNGUDelisted Etf  USD 420.17  16.42  4.07%   
If you're considering investing in MicroSectors Etf, it is important to understand the factors that can impact its price. As of today, the current price of MicroSectors FANG stands at 420.17, as last reported on the 26th of March, with the highest price reaching 434.79 and the lowest price hitting 396.40 during the day. MicroSectors FANG Index has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11 % return per unit of risk over the last 3 months. MicroSectors FANG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MicroSectors FANG's Mean Deviation of 4.42, risk adjusted performance of (0.06), and Standard Deviation of 5.62 to check out the risk estimate we provide.
  
MicroSectors Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1149

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Estimated Market Risk

 5.54
  actual daily
49
51% of assets are more volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average MicroSectors FANG 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 MicroSectors FANG by adding MicroSectors FANG to a well-diversified portfolio.

MicroSectors FANG Valuation on August 29, 2024

It is possible to determine the worth of MicroSectors FANG on a given historical date. On August 29, 2024 MicroSectors was worth 376.83 at the beginning of the trading date compared to the closed value of 369.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MicroSectors FANG etf. Still, in general, we apply an absolute valuation method to find MicroSectors FANG'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 MicroSectors FANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MicroSectors FANG's related companies.
 Open High Low Close Volume
  387.10    389.39    359.77    371.08    823,100  
08/29/2024
  376.83    393.84    366.09    369.40    1,024,000  
  380.41    388.06    370.00    387.61    671,500  
Backtest MicroSectors FANG  |  MicroSectors FANG History  |  MicroSectors FANG Valuation   PreviousNext  
Open Value
376.83
360.21
Downside
369.4
Closing Value
393.45
Upside

MicroSectors FANG Trading Date Momentum on August 29, 2024

On August 30 2024 MicroSectors FANG Index was traded for  387.61  at the closing time. The top price for the day was 388.06  and the lowest listed price was  370.00 . The trading volume for the day was 671.5 K. The trading history from August 30, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 4.93% . The trading delta at closing time against the current closing price is 11.01% .

MicroSectors FANG Index Fundamentals Correlations and Trends

By evaluating MicroSectors FANG'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 MicroSectors FANG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MicroSectors financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MicroSectors FANG Etf history

MicroSectors FANG 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 MicroSectors is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MicroSectors FANG Index 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 MicroSectors FANG stock prices may prove useful in developing a viable investing in MicroSectors FANG
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States.

MicroSectors FANG Etf Technical Analysis

MicroSectors FANG 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.
A focus of MicroSectors FANG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MicroSectors FANG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MicroSectors FANG Period Price Range

Low
March 26, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

MicroSectors FANG Index 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.

MicroSectors FANG March 26, 2025 Market Strength

Market strength indicators help investors to evaluate how MicroSectors FANG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectors FANG shares will generate the highest return on investment. By undertsting and applying MicroSectors FANG etf market strength indicators, traders can identify MicroSectors FANG Index entry and exit signals to maximize returns

MicroSectors FANG Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MicroSectors FANG's price direction in advance. Along with the technical and fundamental analysis of MicroSectors Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MicroSectors 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG Index. 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.

Other Consideration for investing in MicroSectors Etf

If you are still planning to invest in MicroSectors FANG Index 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 MicroSectors FANG's history and understand the potential risks before investing.
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