Purpose Fund Corp Etf Price on June 12, 2024
| PYF-U Etf | USD 19.87 0.05 0.25% |
Below is the normalized historical share price chart for Purpose Fund Corp extending back to December 07, 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 Purpose Fund stands at 19.87, as last reported on the 29th of December, with the highest price reaching 19.87 and the lowest price hitting 19.87 during the day.
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. Purpose Fund Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0545, which implies the entity had a -0.0545% return per unit of risk over the last 3 months. Purpose Fund Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Purpose Fund's Risk Adjusted Performance of (0.03), variance of 0.1535, and Coefficient Of Variation of (3,439) to confirm the risk estimate we provide.
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.8451 | 50 Day MA 20.0492 | Beta 0.15 |
Purpose |
Sharpe Ratio = -0.0545
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| Negative Returns | PYF-U |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Purpose Fund 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 Purpose Fund by adding Purpose Fund to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Purpose Fund Valuation on June 12, 2024
It is possible to determine the worth of Purpose Fund on a given historical date. On June 12, 2024 Purpose was worth 19.53 at the beginning of the trading date compared to the closed value of 19.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Purpose Fund etf. Still, in general, we apply an absolute valuation method to find Purpose Fund'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 Purpose Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Purpose Fund's related companies.
| Open | High | Low | Close | Volume | |
| 19.60 | 19.60 | 19.60 | 19.60 | 1.00 | |
06/12/2024 | 19.53 | 19.53 | 19.53 | 19.53 | 300.00 |
| 19.65 | 19.65 | 19.65 | 19.65 | 1.00 |
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Purpose Fund Trading Date Momentum on June 12, 2024
| On June 13 2024 Purpose Fund Corp was traded for 19.65 at the closing time. The highest price during the trading period was 19.65 and the lowest recorded bid was listed for 19.65 . There was no trading activity during the period 1.0. Lack of trading volume on June 13, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the current price is 0.87% . |
About Purpose Fund Etf history
Purpose Fund 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 Purpose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purpose Fund Corp 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 Purpose Fund stock prices may prove useful in developing a viable investing in Purpose Fund
Purpose Fund Etf Technical Analysis
Purpose Fund 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
Purpose Fund Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Purpose Fund Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Purpose Fund December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Purpose Fund etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Purpose Fund shares will generate the highest return on investment. By undertsting and applying Purpose Fund etf market strength indicators, traders can identify Purpose Fund Corp entry and exit signals to maximize returns
Purpose Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Purpose Fund's price direction in advance. Along with the technical and fundamental analysis of Purpose Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purpose 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 | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.6991 |
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Other Information on Investing in Purpose Etf
Purpose Fund financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Fund security.