Stocksnips Ai Powered Sentiment Etf Price on November 29, 2024
| NEWZ Etf | 29.57 0.19 0.64% |
If you're considering investing in StockSnips Etf, it is important to understand the factors that can impact its price. As of today, the current price of StockSnips stands at 29.57, as last reported on the 12th of December 2024, with the highest price reaching 29.63 and the lowest price hitting 29.57 during the day. At this stage we consider StockSnips Etf to be very steady. StockSnips AI Powered owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for StockSnips AI Powered Sentiment, which you can use to evaluate the volatility of the etf. Please validate StockSnips' Risk Adjusted Performance of 0.1188, coefficient of variation of 618.23, and Semi Deviation of 0.7012 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
StockSnips Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
StockSnips |
Sharpe Ratio = 0.1304
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| Cash | NEWZ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average StockSnips is performing at about 10% 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 StockSnips by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 47.5 K |
StockSnips Valuation on November 29, 2024
It is possible to determine the worth of StockSnips on a given historical date. On November 29, 2024 StockSnips was worth 29.86 at the beginning of the trading date compared to the closed value of 29.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of StockSnips etf. Still, in general, we apply an absolute valuation method to find StockSnips' 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 StockSnips where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against StockSnips' related companies.
| Open | High | Low | Close | Volume | |
| 29.90 | 29.90 | 29.68 | 29.70 | 21,500 | |
11/29/2024 | 29.86 | 29.87 | 29.84 | 29.84 | 679.00 |
| 29.80 | 29.84 | 29.73 | 29.78 | 3,485 |
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StockSnips Trading Date Momentum on November 29, 2024
| On December 02 2024 StockSnips AI Powered Sentiment was traded for 29.78 at the closing time. The top price for the day was 29.84 and the lowest listed price was 29.73 . The trading volume for the day was 3.5 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.20% . The trading price change against the current closing price is 0.10% . |
About StockSnips Etf history
StockSnips 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 StockSnips is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in StockSnips AI Powered 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 StockSnips stock prices may prove useful in developing a viable investing in StockSnips
StockSnips Etf Technical Analysis
StockSnips 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
StockSnips Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
StockSnips AI Powered Sentiment 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.
StockSnips December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how StockSnips etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading StockSnips shares will generate the highest return on investment. By undertsting and applying StockSnips etf market strength indicators, traders can identify StockSnips AI Powered Sentiment entry and exit signals to maximize returns
StockSnips Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for StockSnips' price direction in advance. Along with the technical and fundamental analysis of StockSnips Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of StockSnips 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 | 0.1188 | |||
| Jensen Alpha | 0.107 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.5391 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in StockSnips AI Powered Sentiment. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of StockSnips AI Powered is measured differently than its book value, which is the value of StockSnips that is recorded on the company's balance sheet. Investors also form their own opinion of StockSnips' value that differs from its market value or its book value, called intrinsic value, which is StockSnips' 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 StockSnips' market value can be influenced by many factors that don't directly affect StockSnips' 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 StockSnips' value and its price as these two are different measures arrived at by different means. Investors typically determine if StockSnips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StockSnips' 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.