Exchange Traded Concepts Etf Price on March 28, 2024
| OFOS Etf | 24.42 0.18 0.73% |
If you're considering investing in Exchange Etf, it is important to understand the factors that can impact its price. As of today, the current price of Exchange Traded stands at 24.42, as last reported on the 3rd of December, with the highest price reaching 24.42 and the lowest price hitting 24.36 during the day. Exchange Traded Concepts secures Sharpe Ratio (or Efficiency) of -0.0213, which denotes the etf had a -0.0213% return per unit of standard deviation over the last 3 months. Exchange Traded Concepts exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exchange Traded's Standard Deviation of 1.74, coefficient of variation of (1,287), and Mean Deviation of 1.37 to check the risk estimate we provide.
Exchange Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Exchange |
Sharpe Ratio = -0.0213
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| Negative Returns | OFOS |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Exchange Traded 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 Exchange Traded by adding Exchange Traded to a well-diversified portfolio.
Average Mkt Cap Mil 3.9 K |
Exchange Traded Main Headline on 28th of March 2024
Stock market today Asian shares are mostly higher after anot... by news.google.com
Stock market today Asian shares are mostly higher after another set of Wall St records Yahoo News UK
Exchange Traded Valuation on March 28, 2024
It is possible to determine the worth of Exchange Traded on a given historical date. On March 28, 2024 Exchange was worth 28.8 at the beginning of the trading date compared to the closed value of 28.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Exchange Traded etf. Still, in general, we apply an absolute valuation method to find Exchange Traded'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 Exchange Traded where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Exchange Traded's related companies.
| Open | High | Low | Close | Volume | |
| 28.45 | 28.64 | 28.44 | 28.64 | 1,200 | |
03/28/2024 | 28.80 | 28.82 | 28.72 | 28.72 | 1,100 |
| 28.76 | 28.87 | 28.70 | 28.70 | 3,900 |
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Exchange Traded Trading Date Momentum on March 28, 2024
| On April 01 2024 Exchange Traded Concepts was traded for 28.70 at the closing time. The top price for the day was 28.87 and the lowest listed price was 28.70 . The trading volume for the day was 3.9 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.07% . The overall trading delta against the current closing price is 3.83% . |
About Exchange Traded Etf history
Exchange Traded 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 Exchange is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Exchange Traded Concepts 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 Exchange Traded stock prices may prove useful in developing a viable investing in Exchange Traded
Exchange Traded Etf Technical Analysis
Exchange Traded 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
Exchange Traded Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Exchange Traded Concepts cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Exchange Traded December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Exchange Traded etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exchange Traded shares will generate the highest return on investment. By undertsting and applying Exchange Traded etf market strength indicators, traders can identify Exchange Traded Concepts entry and exit signals to maximize returns
Exchange Traded Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Exchange Traded's price direction in advance. Along with the technical and fundamental analysis of Exchange Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Exchange 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 | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.13) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.