Nbi Active Canadian Etf Price on October 31, 2024
| NPRF Etf | CAD 23.73 0.18 0.76% |
Below is the normalized historical share price chart for NBI Active Canadian extending back to February 08, 2019. 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 NBI Active stands at 23.73, as last reported on the 11th of December 2024, with the highest price reaching 23.73 and the lowest price hitting 23.65 during the day.
If you're considering investing in NBI Etf, it is important to understand the factors that can impact its price. As of now, NBI Etf is very steady. NBI Active Canadian has Sharpe Ratio of 0.082, which conveys that the etf had a 0.082% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NBI Active, which you can use to evaluate the volatility of the entity. Please verify NBI Active's Downside Deviation of 0.5111, mean deviation of 0.3337, and Market Risk Adjusted Performance of (0.08) to check out if the risk estimate we provide is consistent with the expected return of 0.0384%.
NBI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.66 | 200 Day MA 22.5053 | 1 y Volatility 7.83 | 50 Day MA 23.1819 | Inception Date 2019-02-01 |
NBI |
Sharpe Ratio = 0.082
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| Negative Returns | NPRF |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average NBI Active is performing at about 6% 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 NBI Active by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 42 K | Market Capitalisation {Big=0.00244, Small=0, Mega=0, Medium=0, Micro=0} |
NBI Active Valuation on October 31, 2024
It is possible to determine the worth of NBI Active on a given historical date. On October 31, 2024 NBI was worth 23.03 at the beginning of the trading date compared to the closed value of 23.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBI Active etf. Still, in general, we apply an absolute valuation method to find NBI Active'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 NBI Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBI Active's related companies.
| Open | High | Low | Close | Volume | |
| 23.10 | 23.12 | 23.03 | 23.03 | 3,100 | |
10/31/2024 | 23.03 | 23.05 | 22.97 | 23.05 | 4,601 |
| 23.08 | 23.08 | 23.02 | 23.02 | 1,300 |
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NBI Active Trading Date Momentum on October 31, 2024
| On November 01 2024 NBI Active Canadian was traded for 23.02 at the closing time. The highest price during the trading period was 23.08 and the lowest recorded bid was listed for 23.02 . The volume for the day was 1.3 K. This history from November 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.13% . The trading delta at closing time to the current price is 1.17% . |
NBI Active Canadian Fundamentals Correlations and Trends
By evaluating NBI Active'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 NBI Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NBI Active Etf history
NBI Active 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 NBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBI Active Canadian 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 NBI Active stock prices may prove useful in developing a viable investing in NBI Active
NBI Active Etf Technical Analysis
NBI Active 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
NBI Active Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NBI Active Canadian cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
NBI Active December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NBI Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBI Active shares will generate the highest return on investment. By undertsting and applying NBI Active etf market strength indicators, traders can identify NBI Active Canadian entry and exit signals to maximize returns
NBI Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NBI Active's price direction in advance. Along with the technical and fundamental analysis of NBI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NBI 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 | 0.0172 | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.09) |
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Other Information on Investing in NBI Etf
NBI Active financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Active security.