Ovs Spa Etf Price on September 20, 2024

OVS Etf  USD 38.01  0.01  0.03%   
Below is the normalized historical share price chart for OVS SpA extending back to October 01, 2019. 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 OVS SpA stands at 38.01, as last reported on the 11th of December 2024, with the highest price reaching 38.01 and the lowest price hitting 38.00 during the day.
3 y Volatility
25.12
200 Day MA
34.3944
1 y Volatility
22.97
50 Day MA
36.6858
Inception Date
2019-09-30
 
Covid
If you're considering investing in OVS Etf, it is important to understand the factors that can impact its price. Currently, OVS SpA is very steady. OVS SpA maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for OVS SpA, which you can use to evaluate the volatility of the etf. Please check OVS SpA's Risk Adjusted Performance of 0.1157, market risk adjusted performance of 0.1295, and Semi Deviation of 0.7387 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
OVS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1418

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Estimated Market Risk

 1.36
  actual daily
12
88% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average OVS SpA is performing at about 11% 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 OVS SpA by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
3.4 K

OVS SpA Main Headline on 20th of September 2024

Bearish block trade of CH OVS G OCEANS 1.1M shares at 1.48, 1.628M turnover AASTOCKS.com

OVS SpA Valuation on September 20, 2024

It is possible to determine the worth of OVS SpA on a given historical date. On September 20, 2024 OVS was worth 35.56 at the beginning of the trading date compared to the closed value of 35.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OVS SpA etf. Still, in general, we apply an absolute valuation method to find OVS SpA'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 OVS SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OVS SpA's related companies.
 Open High Low Close Volume
  35.95    35.95    35.92    35.92    1,700  
09/20/2024
  35.56    35.56    35.56    35.56    100.00  
  35.66    35.66    35.59    35.59    200.00  
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Open Value
35.56
35.56
Closing Value
39.63
Upside

OVS SpA Trading Date Momentum on September 20, 2024

On September 23 2024 OVS SpA was traded for  35.59  at the closing time. Highest OVS SpA's price during the trading hours was 35.66  and the lowest price during the day was  35.59 . The net volume was 200. The overall trading history on the 23rd of September contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.08% . The trading delta at closing time to current price is 0.93% .

OVS SpA Fundamentals Correlations and Trends

By evaluating OVS SpA'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 OVS SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OVS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About OVS SpA Etf history

OVS SpA 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 OVS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OVS SpA 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 OVS SpA stock prices may prove useful in developing a viable investing in OVS SpA
The fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. small cap equity securities or directly in the securities held by such ETFs and selling and purchasing listed short-term put options to generate income to the fund. Overlay Shares is traded on NYSEARCA Exchange in the United States.

OVS SpA Etf Technical Analysis

OVS SpA 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.
A focus of OVS SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OVS SpA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

OVS SpA Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

OVS SpA 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.

OVS SpA December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how OVS SpA etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OVS SpA shares will generate the highest return on investment. By undertsting and applying OVS SpA etf market strength indicators, traders can identify OVS SpA entry and exit signals to maximize returns

OVS SpA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for OVS SpA's price direction in advance. Along with the technical and fundamental analysis of OVS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of OVS 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.
When determining whether OVS SpA is a strong investment it is important to analyze OVS SpA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OVS SpA's future performance. For an informed investment choice regarding OVS Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OVS SpA. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of OVS SpA is measured differently than its book value, which is the value of OVS that is recorded on the company's balance sheet. Investors also form their own opinion of OVS SpA's value that differs from its market value or its book value, called intrinsic value, which is OVS SpA'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 OVS SpA's market value can be influenced by many factors that don't directly affect OVS SpA'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 OVS SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if OVS SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OVS SpA'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.