HANetf ICAV (Germany) Price on September 29, 2023
M7ES Etf | 5.59 0.00 0.00% |
If you're considering investing in HANetf Etf, it is important to understand the factors that can impact its price. As of today, the current price of HANetf ICAV stands at 5.59, as last reported on the 26th of December, with the highest price reaching 5.59 and the lowest price hitting 5.59 during the day. HANetf ICAV holds Efficiency (Sharpe) Ratio of -0.0304, which attests that the etf had a -0.0304% return per unit of volatility over the last 3 months. HANetf ICAV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HANetf ICAV's semi deviation of 1.59, and Market Risk Adjusted Performance of 2.16 to validate the risk estimate we provide.
HANetf Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
HANetf |
Sharpe Ratio = -0.0304
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Estimated Market Risk
1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HANetf ICAV 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 HANetf ICAV by adding HANetf ICAV to a well-diversified portfolio.
HANetf ICAV Valuation on September 29, 2023
It is possible to determine the worth of HANetf ICAV on a given historical date. On September 29, 2023 HANetf was worth 6.15 at the beginning of the trading date compared to the closed value of 6.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HANetf ICAV etf. Still, in general, we apply an absolute valuation method to find HANetf ICAV'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 HANetf ICAV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HANetf ICAV's related companies.
Open | High | Low | Close | Volume | |
6.01 | 6.05 | 6.01 | 6.05 | 7.00 | |
09/29/2023 | 6.15 | 6.21 | 6.15 | 6.21 | 7.00 |
6.19 | 6.21 | 6.04 | 6.07 | 4,989 |
Backtest HANetf ICAV | | | HANetf ICAV History | Previous | Next |
HANetf ICAV Trading Date Momentum on September 29, 2023
On October 02 2023 HANetf ICAV was traded for 6.07 at the closing time. The highest price during the trading period was 6.21 and the lowest recorded bid was listed for 6.04 . The volume for the day was 5 K. This history from October 2, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.25% . The trading delta at closing time to the current price is 7.57% . |
Price Boundaries
HANetf ICAV Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
HANetf ICAV cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
HANetf ICAV December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how HANetf ICAV etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HANetf ICAV shares will generate the highest return on investment. By undertsting and applying HANetf ICAV etf market strength indicators, traders can identify HANetf ICAV entry and exit signals to maximize returns
HANetf ICAV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HANetf ICAV's price direction in advance. Along with the technical and fundamental analysis of HANetf Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of HANetf 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.