Etracs Quarterly Pay Etf Price on May 21, 2024
| MLPR Etf | USD 64.90 1.41 2.13% |
Below is the normalized historical share price chart for ETRACS Quarterly Pay extending back to June 03, 2020. 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 ETRACS Quarterly stands at 64.90, as last reported on the 3rd of December, with the highest price reaching 64.90 and the lowest price hitting 64.89 during the day.
If you're considering investing in ETRACS Etf, it is important to understand the factors that can impact its price. ETRACS Quarterly appears to be very steady, given 3 months investment horizon. ETRACS Quarterly Pay secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the etf had a 0.19% return per unit of volatility over the last 3 months. We have found thirty technical indicators for ETRACS Quarterly Pay, which you can use to evaluate the volatility of the entity. Please utilize ETRACS Quarterly's Downside Deviation of 1.41, market risk adjusted performance of 0.2613, and Mean Deviation of 1.0 to check if our risk estimates are consistent with your expectations.
ETRACS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 28.52 | 200 Day MA 57.0989 | 1 y Volatility 23.46 | 50 Day MA 57.9063 | Inception Date 2020-06-02 |
ETRACS |
Sharpe Ratio = 0.1896
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average ETRACS Quarterly is performing at about 14% 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 ETRACS Quarterly by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ETRACS Quarterly Main Headline on 21st of May 2024
1Q24 MidstreamMLP Dividends Growth Story Intact - ETF Trends by news.google.com
1Q24 MidstreamMLP Dividends Growth Story Intact ETF Trends
ETRACS Quarterly Valuation on May 21, 2024
It is possible to determine the worth of ETRACS Quarterly on a given historical date. On May 21, 2024 ETRACS was worth 54.25 at the beginning of the trading date compared to the closed value of 54.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETRACS Quarterly etf. Still, in general, we apply an absolute valuation method to find ETRACS Quarterly'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 ETRACS Quarterly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETRACS Quarterly's related companies.
| Open | High | Low | Close | Volume | |
| 54.52 | 54.87 | 54.52 | 54.83 | 412.00 | |
05/21/2024 | 54.25 | 54.25 | 54.25 | 54.25 | 109.00 |
| 53.01 | 53.01 | 53.01 | 53.01 | 28.00 |
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ETRACS Quarterly Trading Date Momentum on May 21, 2024
| On May 22 2024 ETRACS Quarterly Pay was traded for 53.01 at the closing time. The top price for the day was 53.01 and the lowest listed price was 53.01 . The trading volume for the day was 28.0. The trading history from May 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.29% . The overall trading delta against the current closing price is 2.69% . |
ETRACS Quarterly Pay Fundamentals Correlations and Trends
By evaluating ETRACS Quarterly'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 ETRACS Quarterly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETRACS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ETRACS Quarterly Etf history
ETRACS Quarterly 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 ETRACS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETRACS Quarterly Pay 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 ETRACS Quarterly stock prices may prove useful in developing a viable investing in ETRACS Quarterly
The index measures the composite performance of energy MLPs, and is calculated by SP using a capped, float-adjusted, capitalization-weighted methodology. Etracs Quarterly is traded on NYSEARCA Exchange in the United States.
ETRACS Quarterly Etf Technical Analysis
ETRACS Quarterly 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
ETRACS Quarterly Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
ETRACS Quarterly Pay 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.
ETRACS Quarterly December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how ETRACS Quarterly etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETRACS Quarterly shares will generate the highest return on investment. By undertsting and applying ETRACS Quarterly etf market strength indicators, traders can identify ETRACS Quarterly Pay entry and exit signals to maximize returns
ETRACS Quarterly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETRACS Quarterly's price direction in advance. Along with the technical and fundamental analysis of ETRACS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETRACS 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 | 0.1273 | |||
| Jensen Alpha | 0.1201 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | 0.0755 | |||
| Treynor Ratio | 0.2513 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Quarterly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly'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 ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly'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 ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly'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.