Opus Small Cap Etf Price on November 4, 2024
| OSCV Etf | USD 39.24 0.05 0.13% |
Below is the normalized historical share price chart for Opus Small Cap extending back to July 18, 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 Opus Small stands at 39.24, as last reported on the 16th of December 2024, with the highest price reaching 39.41 and the lowest price hitting 39.03 during the day.
If you're considering investing in Opus Etf, it is important to understand the factors that can impact its price. At this stage we consider Opus Etf to be very steady. Opus Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0886, which implies the entity had a 0.0886% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Opus Small Cap, which you can use to evaluate the volatility of the etf. Please check Opus Small's Semi Deviation of 0.4503, coefficient of variation of 792.04, and Risk Adjusted Performance of 0.0941 to confirm if the risk estimate we provide is consistent with the expected return of 0.0865%.
Opus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.66 | 200 Day MA 36.387 | 1 y Volatility 15.61 | 50 Day MA 39 | Inception Date 2018-07-18 |
Opus |
Sharpe Ratio = 0.0886
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Opus Small 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 Opus Small by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 5.4 K |
Opus Small Valuation on November 4, 2024
It is possible to determine the worth of Opus Small on a given historical date. On November 4, 2024 Opus was worth 37.35 at the beginning of the trading date compared to the closed value of 37.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opus Small etf. Still, in general, we apply an absolute valuation method to find Opus Small'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 Opus Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opus Small's related companies.
| Open | High | Low | Close | Volume | |
| 37.62 | 37.75 | 37.30 | 37.33 | 22,700 | |
11/04/2024 | 37.35 | 37.67 | 37.34 | 37.45 | 122,037 |
| 37.60 | 38.23 | 37.60 | 38.23 | 64,667 |
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Opus Small Trading Date Momentum on November 4, 2024
| On November 05 2024 Opus Small Cap was traded for 38.23 at the closing time. The top price for the day was 38.23 and the lowest listed price was 37.60 . The trading volume for the day was 64.7 K. The trading history from November 5, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 2.08% . The trading delta at closing time against the current closing price is 6.76% . |
Opus Small Cap Fundamentals Correlations and Trends
By evaluating Opus Small'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 Opus Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opus Small Etf history
Opus Small 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 Opus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opus Small Cap 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 Opus Small stock prices may prove useful in developing a viable investing in Opus Small
The fund is an actively managed exchange-traded fund that invests under normal circumstances at least 80 percent of its net assets in equity securities of small-capitalization U.S. companies. Opus Small is traded on NYSEARCA Exchange in the United States.
Opus Small Etf Technical Analysis
Opus Small 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
Opus Small Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Opus Small Cap 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.
Opus Small December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Opus Small etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opus Small shares will generate the highest return on investment. By undertsting and applying Opus Small etf market strength indicators, traders can identify Opus Small Cap entry and exit signals to maximize returns
Opus Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opus Small's price direction in advance. Along with the technical and fundamental analysis of Opus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opus 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 | 0.0941 | |||
| Jensen Alpha | 0.0118 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0374 | |||
| Treynor Ratio | 0.1006 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Opus Small Cap is measured differently than its book value, which is the value of Opus that is recorded on the company's balance sheet. Investors also form their own opinion of Opus Small's value that differs from its market value or its book value, called intrinsic value, which is Opus Small'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 Opus Small's market value can be influenced by many factors that don't directly affect Opus Small'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 Opus Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opus Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opus Small'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.