Flexshares High Yield Etf Price on October 7, 2024
| HYGV Etf | USD 40.72 0.07 0.17% |
Below is the normalized historical share price chart for FlexShares High Yield extending back to July 18, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of FlexShares High stands at 40.72, as last reported on the 27th of December, with the highest price reaching 40.74 and the lowest price hitting 40.57 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. At this stage we consider FlexShares Etf to be very steady. FlexShares High Yield secures Sharpe Ratio (or Efficiency) of 0.0185, which denotes the etf had a 0.0185% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FlexShares High Yield, which you can use to evaluate the volatility of the entity. Please confirm FlexShares High's Mean Deviation of 0.1795, downside deviation of 0.2752, and Coefficient Of Variation of 3924.86 to check if the risk estimate we provide is consistent with the expected return of 0.0047%.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.05 | 200 Day MA 40.8604 | 1 y Volatility 4.35 | 50 Day MA 41.1525 | Inception Date 2018-07-17 |
FlexShares |
Sharpe Ratio = 0.0185
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| Negative Returns | HYGV |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average FlexShares High is performing at about 1% 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 FlexShares High by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.5 K | Market Capitalisation {Big=0, Small=1.0E-5, Mega=0, Medium=0, Micro=0} |
FlexShares High Valuation on October 7, 2024
It is possible to determine the worth of FlexShares High on a given historical date. On October 7, 2024 FlexShares was worth 40.41 at the beginning of the trading date compared to the closed value of 40.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares High etf. Still, in general, we apply an absolute valuation method to find FlexShares High'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 FlexShares High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares High's related companies.
| Open | High | Low | Close | Volume | |
| 40.50 | 40.51 | 40.44 | 40.47 | 98,900 | |
10/07/2024 | 40.41 | 40.42 | 40.28 | 40.29 | 202,000 |
| 40.35 | 40.38 | 40.31 | 40.36 | 104,000 |
| Backtest FlexShares High | | | FlexShares High History | | | FlexShares High Valuation | Previous | Next |
FlexShares High Trading Date Momentum on October 7, 2024
| On October 08 2024 FlexShares High Yield was traded for 40.36 at the closing time. The top price for the day was 40.38 and the lowest listed price was 40.31 . The trading volume for the day was 104 K. The trading history from October 8, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 0.17% . The overall trading delta against the current closing price is 0.69% . |
FlexShares High Yield Fundamentals Correlations and Trends
By evaluating FlexShares High'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 FlexShares High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares High Etf history
FlexShares High 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares High Yield 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 FlexShares High stock prices may prove useful in developing a viable investing in FlexShares High
FlexShares High Etf Technical Analysis
FlexShares High 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
FlexShares High Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
FlexShares High Yield 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.
FlexShares High December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares High etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares High shares will generate the highest return on investment. By undertsting and applying FlexShares High etf market strength indicators, traders can identify FlexShares High Yield entry and exit signals to maximize returns
FlexShares High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares High's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.08) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares High Yield. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of FlexShares High Yield is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares High's value that differs from its market value or its book value, called intrinsic value, which is FlexShares High'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 FlexShares High's market value can be influenced by many factors that don't directly affect FlexShares High'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 FlexShares High's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares High'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.