FNB ETN (South Africa) Price on January 10, 2025
| MWETNC Etf | 1,785 4.00 0.22% |
If you're considering investing in FNB Etf, it is important to understand the factors that can impact its price. As of today, the current price of FNB ETN stands at 1,785, as last reported on the 10th of January, with the highest price reaching 1,785 and the lowest price hitting 1,766 during the day. FNB ETN appears to be very steady, given 3 months investment horizon. FNB ETN on retains Efficiency (Sharpe Ratio) of 0.15, which denotes the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for FNB ETN, which you can use to evaluate the volatility of the entity. Please utilize FNB ETN's Coefficient Of Variation of 1104.46, market risk adjusted performance of (0.55), and Downside Deviation of 1.11 to check if our risk estimates are consistent with your expectations.
FNB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FNB |
Sharpe Ratio = 0.1517
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average FNB ETN is performing at about 11% 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 FNB ETN by adding it to a well-diversified portfolio.
FNB ETN Valuation on January 10, 2025
It is possible to determine the worth of FNB ETN on a given historical date. On January 10, 2025 FNB was worth 1766.0 at the beginning of the trading date compared to the closed value of 1785.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FNB ETN etf. Still, in general, we apply an absolute valuation method to find FNB ETN'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 FNB ETN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FNB ETN's related companies.
| Open | High | Low | Close | Volume | |
| 1,766 | 1,785 | 1,766 | 1,785 | 253.00 | |
01/10/2025 | 1,766 | 1,785 | 1,766 | 1,785 | 0.00 |
| Backtest FNB ETN | | | FNB ETN History | Previous |
FNB ETN Trading Date Momentum on January 10, 2025
| On January 10 2025 FNB ETN on was traded for 1,785 at the closing time. The highest price during the trading period was 1,785 and the lowest recorded bid was listed for 1,766 . There was no trading activity during the period 0.0. Lack of trading volume on January 10, 2025 did not affect price variability. The overall trading delta to the current price is 1.06% . |
About FNB ETN Etf history
FNB ETN 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 FNB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FNB ETN on 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 FNB ETN stock prices may prove useful in developing a viable investing in FNB ETN
FNB ETN Etf Technical Analysis
FNB ETN 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
FNB ETN Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
FNB ETN on cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
FNB ETN January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how FNB ETN etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FNB ETN shares will generate the highest return on investment. By undertsting and applying FNB ETN etf market strength indicators, traders can identify FNB ETN on entry and exit signals to maximize returns
FNB ETN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FNB ETN's price direction in advance. Along with the technical and fundamental analysis of FNB Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FNB 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 | 0.0759 | |||
| Jensen Alpha | 0.1097 | |||
| Total Risk Alpha | 0.0781 | |||
| Sortino Ratio | 0.0801 | |||
| Treynor Ratio | (0.56) |
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Other Information on Investing in FNB Etf
FNB ETN financial ratios help investors to determine whether FNB Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FNB with respect to the benefits of owning FNB ETN security.