Oshares Quality Dividend Etf Price on October 28, 2024
| OUSA Etf | USD 54.12 0.41 0.76% |
Below is the normalized historical share price chart for OShares Quality Dividend extending back to July 14, 2015. 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 Quality stands at 54.12, as last reported on the 28th of December, with the highest price reaching 54.15 and the lowest price hitting 53.90 during the day.
If you're considering investing in OShares Etf, it is important to understand the factors that can impact its price. At this point, OShares Quality is very steady. OShares Quality Dividend maintains Sharpe Ratio (i.e., Efficiency) of 0.0187, which implies the entity had a 0.0187% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OShares Quality Dividend, which you can use to evaluate the volatility of the etf. Please check OShares Quality's Coefficient Of Variation of 2532.35, semi deviation of 0.5531, and Risk Adjusted Performance of 0.0281 to confirm if the risk estimate we provide is consistent with the expected return of 0.0112%.
OShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.69 | 200 Day MA 51.2573 | 1 y Volatility 8.83 | 50 Day MA 54.3504 | Inception Date 2015-07-14 |
OShares |
Sharpe Ratio = 0.0187
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| Negative Returns | OUSA |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average OShares Quality is performing at about 1% 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 Quality by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 300.2 K |
OShares Quality Valuation on October 28, 2024
It is possible to determine the worth of OShares Quality on a given historical date. On October 28, 2024 OShares was worth 53.59 at the beginning of the trading date compared to the closed value of 53.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OShares Quality etf. Still, in general, we apply an absolute valuation method to find OShares Quality'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 Quality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OShares Quality's related companies.
| Open | High | Low | Close | Volume | |
| 53.73 | 53.86 | 53.34 | 53.37 | 19,903 | |
10/28/2024 | 53.59 | 53.74 | 53.54 | 53.60 | 24,114 |
| 53.55 | 53.74 | 53.46 | 53.54 | 15,807 |
| Backtest OShares Quality | | | OShares Quality History | | | OShares Quality Valuation | Previous | Next |
OShares Quality Trading Date Momentum on October 28, 2024
| On October 29 2024 OShares Quality Dividend was traded for 53.54 at the closing time. The top price for the day was 53.74 and the lowest listed price was 53.46 . The trading volume for the day was 15.8 K. The trading history from October 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.11% . The trading delta at closing time against the current closing price is 1.42% . |
OShares Quality Dividend Fundamentals Correlations and Trends
By evaluating OShares Quality'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 Quality'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 Quality Etf history
OShares Quality 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 Quality Dividend 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 Quality stock prices may prove useful in developing a viable investing in OShares Quality
The underlying index is designed to measure the performance of publicly listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by OShares Investment Advisers, LLC . Os US is traded on BATS Exchange in the United States.
OShares Quality Etf Technical Analysis
OShares Quality 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 Quality Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
OShares Quality Dividend 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 Quality December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how OShares Quality 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 Quality shares will generate the highest return on investment. By undertsting and applying OShares Quality etf market strength indicators, traders can identify OShares Quality Dividend entry and exit signals to maximize returns
OShares Quality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OShares Quality'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 | 0.0281 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2833 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Quality Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of OShares Quality Dividend 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is OShares Quality'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 Quality's market value can be influenced by many factors that don't directly affect OShares Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Quality'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.