Etracs Monthly Pay Etf Price on September 16, 2024

MVRL Etf  USD 16.75  0.38  2.22%   
Below is the normalized historical share price chart for ETRACS Monthly 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 Monthly stands at 16.75, as last reported on the 4th of December, with the highest price reaching 16.95 and the lowest price hitting 16.75 during the day.
3 y Volatility
44.49
200 Day MA
17.3383
1 y Volatility
22.92
50 Day MA
17.259
Inception Date
2020-06-02
 
Covid
If you're considering investing in ETRACS Etf, it is important to understand the factors that can impact its price. ETRACS Monthly Pay secures Sharpe Ratio (or Efficiency) of -0.0229, which denotes the etf had a -0.0229% return per unit of volatility over the last 3 months. ETRACS Monthly Pay exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ETRACS Monthly's Market Risk Adjusted Performance of (0.11), mean deviation of 1.09, and Standard Deviation of 1.38 to check the risk estimate we provide.
  
ETRACS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0229

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMVRL

Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average ETRACS Monthly 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 ETRACS Monthly by adding ETRACS Monthly to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

ETRACS Monthly Valuation on September 16, 2024

It is possible to determine the worth of ETRACS Monthly on a given historical date. On September 16, 2024 ETRACS was worth 17.61 at the beginning of the trading date compared to the closed value of 18.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETRACS Monthly etf. Still, in general, we apply an absolute valuation method to find ETRACS Monthly'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 Monthly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETRACS Monthly's related companies.
 Open High Low Close Volume
  17.63    17.73    17.63    17.73    937.00  
09/16/2024
  17.61    18.10    17.61    18.10    6,634  
  18.04    18.11    17.99    18.05    1,602  
Backtest ETRACS Monthly  |  ETRACS Monthly History  |  ETRACS Monthly Valuation PreviousNext  
Open Value
17.61
18.1
Closing Value
21.71
Upside

ETRACS Monthly Trading Date Momentum on September 16, 2024

On September 17 2024 ETRACS Monthly Pay was traded for  18.05  at the closing time. The top price for the day was 18.11  and the lowest listed price was  17.99 . The trading volume for the day was 1.6 K. The trading history from September 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.28% . The overall trading delta against the current closing price is 2.21% .
JavaScript chart by amCharts 3.21.1509/16/2024Sep 06Sep 09Sep 12Sep 15Sep 18Sep 21Sep 2417.017.518.018.5

ETRACS Monthly Pay Fundamentals Correlations and Trends

By evaluating ETRACS Monthly'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 Monthly'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 Monthly Etf history

ETRACS Monthly 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 Monthly 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 Monthly stock prices may prove useful in developing a viable investing in ETRACS Monthly
The index is designed to track the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50 percent of their revenues from mortgage-related activity. Etracs Monthly is traded on NYSEARCA Exchange in the United States.

ETRACS Monthly Etf Technical Analysis

ETRACS Monthly 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.
A focus of ETRACS Monthly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ETRACS Monthly 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

ETRACS Monthly Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ETRACS Monthly 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 Monthly December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how ETRACS Monthly 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 Monthly shares will generate the highest return on investment. By undertsting and applying ETRACS Monthly etf market strength indicators, traders can identify ETRACS Monthly Pay entry and exit signals to maximize returns

ETRACS Monthly Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ETRACS Monthly'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.
When determining whether ETRACS Monthly Pay is a strong investment it is important to analyze ETRACS Monthly's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS Monthly's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Monthly 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 metropolitan statistical area.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of ETRACS Monthly 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 Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.