Source JPX (Germany) Price on May 27, 2024
| NS4E Etf | 29.72 0.16 0.54% |
If you're considering investing in Source Etf, it is important to understand the factors that can impact its price. As of today, the current price of Source JPX stands at 29.72, as last reported on the 23rd of December, with the highest price reaching 29.72 and the lowest price hitting 29.29 during the day. At this point, Source JPX is very steady. Source JPX Nikkei owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0598, which indicates the etf had a 0.0598% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Source JPX Nikkei 400, which you can use to evaluate the volatility of the etf. Please validate Source JPX's Coefficient Of Variation of 1823.06, semi deviation of 0.9434, and Risk Adjusted Performance of 0.0449 to confirm if the risk estimate we provide is consistent with the expected return of 0.0553%.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = 0.0598
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Source JPX is performing at about 4% 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 Source JPX by adding it to a well-diversified portfolio.
Source JPX Valuation on May 27, 2024
It is possible to determine the worth of Source JPX on a given historical date. On May 27, 2024 Source was worth 29.51 at the beginning of the trading date compared to the closed value of 29.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Source JPX etf. Still, in general, we apply an absolute valuation method to find Source JPX'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 Source JPX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Source JPX's related companies.
| Open | High | Low | Close | Volume | |
| 29.12 | 29.42 | 29.12 | 29.36 | 6,980 | |
05/27/2024 | 29.51 | 29.57 | 29.51 | 29.57 | 43.00 |
| 29.58 | 29.58 | 29.53 | 29.58 | 479.00 |
| Backtest Source JPX | | | Source JPX History | Previous | Next |
Source JPX Trading Date Momentum on May 27, 2024
| On May 28 2024 Source JPX Nikkei 400 was traded for 29.58 at the closing time. The highest price during the trading period was 29.58 and the lowest recorded bid was listed for 29.53 . The volume for the day was 479. This history from May 28, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.03% . The trading price change to the current price is 0.14% . |
Price Boundaries
Source JPX Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Source JPX Nikkei 400 cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Source JPX December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Source JPX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Source JPX shares will generate the highest return on investment. By undertsting and applying Source JPX etf market strength indicators, traders can identify Source JPX Nikkei 400 entry and exit signals to maximize returns
Source JPX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Source JPX's price direction in advance. Along with the technical and fundamental analysis of Source Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Source 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.