Myck Etf Price on December 20, 2024
| MYCK Etf | 24.14 0.02 0.08% |
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 24.14, as last reported on the 23rd of December, with the highest price reaching 24.14 and the lowest price hitting 24.12 during the day. MYCK retains Efficiency (Sharpe Ratio) of -0.12, which conveys that the entity had a -0.12% 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 (0.78), mean deviation of 0.2413, and Coefficient Of Variation of (793.21) 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.
MYCK |
Sharpe Ratio = -0.1199
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| Negative Returns | MYCK |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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 20, 2024
It is possible to determine the worth of MYCK on a given historical date. On December 20, 2024 MYCK was worth 24.13 at the beginning of the trading date compared to the closed value of 24.12. 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 | |
| 24.09 | 24.09 | 24.04 | 24.04 | 13,400 | |
12/20/2024 | 24.13 | 24.14 | 24.12 | 24.12 | 3,889 |
| 24.12 | 24.14 | 24.12 | 24.14 | 0.00 |
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MYCK Trading Date Momentum on December 20, 2024
| On December 23 2024 MYCK was traded for 24.14 at the closing time. The top price for the day was 24.14 and the lowest listed price was 24.12 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.00% . |
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.
Price Boundaries
MYCK Period Price Range
Low | December 23, 2024
| 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 23, 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.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.79) |
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| Volume Indicators |
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.