Myck Etf Price on December 17, 2024

MYCK Etf   24.12  0.04  0.17%   
If you're considering investing in MYCK Etf, it is important to understand the factors that can impact its price. As of today, the current price of MYCK stands at 24.12, as last reported on the 24th of December, with the highest price reaching 24.12 and the lowest price hitting 24.08 during the day. MYCK retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the entity had a -0.1% return per unit of risk over the last 3 months. MYCK exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MYCK's Market Risk Adjusted Performance of (0.84), coefficient of variation of (751.40), and Mean Deviation of 0.2395 to check out the risk estimate we provide.
  
MYCK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.102

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

Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average MYCK 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 MYCK by adding MYCK to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

MYCK Valuation on December 17, 2024

It is possible to determine the worth of MYCK on a given historical date. On December 17, 2024 MYCK was worth 24.33 at the beginning of the trading date compared to the closed value of 24.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MYCK etf. Still, in general, we apply an absolute valuation method to find MYCK'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 MYCK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MYCK's related companies.
 Open High Low Close Volume
  24.33    24.34    24.33    24.33    400.00  
12/17/2024
  24.33    24.34    24.32    24.32    700.00  
  24.34    24.34    24.11    24.11    600.00  
Backtest MYCK  |  MYCK History  |  MYCK Valuation   PreviousNext  
Open Value
24.33
24.32
Closing Value
25.28
Upside

MYCK Trading Date Momentum on December 17, 2024

On December 18 2024 MYCK was traded for  24.11  at the closing time. The top price for the day was 24.34  and the lowest listed price was  24.11 . The trading volume for the day was 600. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.86% . The trading delta at closing time against the current closing price is 0.99% .

About MYCK Etf history

MYCK 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 MYCK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MYCK 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 MYCK stock prices may prove useful in developing a viable investing in MYCK

MYCK Etf Technical Analysis

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

MYCK Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MYCK cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

MYCK December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how MYCK etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYCK shares will generate the highest return on investment. By undertsting and applying MYCK etf market strength indicators, traders can identify MYCK entry and exit signals to maximize returns

MYCK Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MYCK's price direction in advance. Along with the technical and fundamental analysis of MYCK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MYCK 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 MYCK is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MYCK Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Myck Etf. Highlighted below are key reports to facilitate an investment decision about Myck Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYCK. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of MYCK is measured differently than its book value, which is the value of MYCK that is recorded on the company's balance sheet. Investors also form their own opinion of MYCK's value that differs from its market value or its book value, called intrinsic value, which is MYCK'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 MYCK's market value can be influenced by many factors that don't directly affect MYCK'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 MYCK's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYCK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYCK'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.