Oshares Global Internet Etf Price on October 23, 2024
| OGIG Etf | USD 47.18 0.46 0.97% |
Below is the normalized historical share price chart for OShares Global Internet extending back to June 05, 2018. 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 OShares Global stands at 47.18, as last reported on the 26th of December, with the highest price reaching 47.28 and the lowest price hitting 46.74 during the day.
If you're considering investing in OShares Etf, it is important to understand the factors that can impact its price. OShares Global appears to be very steady, given 3 months investment horizon. OShares Global Internet maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for OShares Global Internet, which you can use to evaluate the volatility of the etf. Please evaluate OShares Global's Coefficient Of Variation of 540.51, semi deviation of 1.13, and Risk Adjusted Performance of 0.1513 to confirm if our risk estimates are consistent with your expectations.
OShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 26.54 | 200 Day MA 40.5113 | 1 y Volatility 15.92 | 50 Day MA 45.7539 | Inception Date 2018-06-05 |
OShares |
Sharpe Ratio = 0.1638
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average OShares Global is performing at about 12% 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 OShares Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 148.3 K |
OShares Global Valuation on October 23, 2024
It is possible to determine the worth of OShares Global on a given historical date. On October 23, 2024 OShares was worth 42.66 at the beginning of the trading date compared to the closed value of 42.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OShares Global etf. Still, in general, we apply an absolute valuation method to find OShares Global'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 OShares Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OShares Global's related companies.
| Open | High | Low | Close | Volume | |
| 42.63 | 42.91 | 42.63 | 42.73 | 4,985 | |
10/23/2024 | 42.66 | 42.66 | 41.95 | 42.09 | 4,400 |
| 42.24 | 42.43 | 42.24 | 42.39 | 6,783 |
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OShares Global Trading Date Momentum on October 23, 2024
| On October 24 2024 OShares Global Internet was traded for 42.39 at the closing time. The top price for the day was 42.43 and the lowest listed price was 42.24 . The trading volume for the day was 6.8 K. The trading history from October 24, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.71% . The trading delta at closing time against the current closing price is 1.35% . |
OShares Global Internet Fundamentals Correlations and Trends
By evaluating OShares Global'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 OShares Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OShares Global Etf history
OShares Global 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 OShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OShares Global Internet 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 OShares Global stock prices may prove useful in developing a viable investing in OShares Global
OShares Global Etf Technical Analysis
OShares Global 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
OShares Global Period Price Range
Low | December 26, 2024
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0.00 | 0.00 |
OShares Global Internet cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
OShares Global December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how OShares Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OShares Global shares will generate the highest return on investment. By undertsting and applying OShares Global etf market strength indicators, traders can identify OShares Global Internet entry and exit signals to maximize returns
OShares Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OShares Global's price direction in advance. Along with the technical and fundamental analysis of OShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of OShares 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 | 0.1513 | |||
| Jensen Alpha | 0.2096 | |||
| Total Risk Alpha | 0.1598 | |||
| Sortino Ratio | 0.131 | |||
| Treynor Ratio | 3.14 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Global Internet. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of OShares Global Internet is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Global's value that differs from its market value or its book value, called intrinsic value, which is OShares Global'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 OShares Global's market value can be influenced by many factors that don't directly affect OShares Global'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 OShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Global'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.