Freedom Day Dividend Etf Price on September 20, 2024
| MBOX Etf | USD 35.32 0.17 0.48% |
If you're considering investing in Freedom Etf, it is important to understand the factors that can impact its price. As of today, the current price of Freedom Day stands at 35.32, as last reported on the 1st of December, with the highest price reaching 35.38 and the lowest price hitting 35.31 during the day. At this stage we consider Freedom Etf to be very steady. Freedom Day Dividend secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Freedom Day Dividend, which you can use to evaluate the volatility of the entity. Please confirm Freedom Day's Coefficient Of Variation of 1022.78, downside deviation of 0.7699, and Mean Deviation of 0.608 to check if the risk estimate we provide is consistent with the expected return of 0.0925%.
Freedom Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Freedom |
Sharpe Ratio = 0.1236
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| Cash | MBOX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Freedom Day is performing at about 9% 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 Freedom Day by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 57.1 K |
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Freedom Day Valuation on September 20, 2024
It is possible to determine the worth of Freedom Day on a given historical date. On September 20, 2024 Freedom was worth 34.14 at the beginning of the trading date compared to the closed value of 33.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freedom Day etf. Still, in general, we apply an absolute valuation method to find Freedom Day'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 Freedom Day where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freedom Day's related companies.
| Open | High | Low | Close | Volume | |
| 34.02 | 34.02 | 34.02 | 34.02 | 200.00 | |
09/20/2024 | 34.14 | 34.14 | 33.78 | 33.80 | 3,400 |
| 33.94 | 33.99 | 33.91 | 33.99 | 12,500 |
| Backtest Freedom Day | | | Freedom Day History | | | Freedom Day Valuation | Previous | Next |
Freedom Day Trading Date Momentum on September 20, 2024
| On September 23 2024 Freedom Day Dividend was traded for 33.99 at the closing time. The top price for the day was 33.99 and the lowest listed price was 33.91 . The trading volume for the day was 12.5 K. The trading history from September 23, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.56% . The overall trading delta against the current closing price is 0.24% . |
Freedom Day Dividend Fundamentals Correlations and Trends
By evaluating Freedom Day'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 Freedom Day's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freedom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freedom Day Etf history
Freedom Day 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 Freedom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freedom Day Dividend 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 Freedom Day stock prices may prove useful in developing a viable investing in Freedom Day
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.
Freedom Day Etf Technical Analysis
Freedom Day 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
Freedom Day Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Freedom Day Dividend 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.
Freedom Day December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Freedom Day etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freedom Day shares will generate the highest return on investment. By undertsting and applying Freedom Day etf market strength indicators, traders can identify Freedom Day Dividend entry and exit signals to maximize returns
Freedom Day Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freedom Day's price direction in advance. Along with the technical and fundamental analysis of Freedom Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freedom 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 | 0.075 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0742 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Freedom Day Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.