Fondul Deschis (Romania) Price on December 26, 2024

TVBETETF   26.87  0.13  0.48%   
If you're considering investing in Fondul Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fondul Deschis stands at 26.87, as last reported on the 27th of December, with the highest price reaching 27.29 and the lowest price hitting 26.87 during the day. Fondul Deschis De secures Sharpe Ratio (or Efficiency) of -0.0563, which denotes the etf had a -0.0563% return per unit of risk over the last 3 months. Fondul Deschis De exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fondul Deschis' Mean Deviation of 0.7762, variance of 1.35, and Standard Deviation of 1.16 to check the risk estimate we provide.
  
Fondul Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0563

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTVBETETF

Estimated Market Risk

 1.19
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fondul Deschis 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 Fondul Deschis by adding Fondul Deschis to a well-diversified portfolio.

Fondul Deschis Valuation on December 26, 2024

It is possible to determine the worth of Fondul Deschis on a given historical date. On December 26, 2024 Fondul was worth 27.0 at the beginning of the trading date compared to the closed value of 26.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fondul Deschis etf. Still, in general, we apply an absolute valuation method to find Fondul Deschis' 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 Fondul Deschis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fondul Deschis' related companies.
 Open High Low Close Volume
  27.00    27.29    26.87    26.87    42,084  
12/27/2024
  27.00    27.29    26.87    26.87    0.00  
Backtest Fondul Deschis  |  Fondul Deschis History  Previous
Open Value
27.0
26.87
Closing Value
30.57
Upside

Fondul Deschis Trading Date Momentum on December 26, 2024

On December 27 2024 Fondul Deschis De was traded for  26.87  at the closing time. The highest price during the trading period was 27.29  and the lowest recorded bid was listed for  26.87 . There was no trading activity during the period 0.0. Lack of trading volume on December 27, 2024 did not affect price variability. The overall trading delta to the current price is 0.48% .

Price Boundaries

Fondul Deschis Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fondul Deschis De cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.

Fondul Deschis December 27, 2024 Market Strength

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

Fondul Deschis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fondul Deschis' price direction in advance. Along with the technical and fundamental analysis of Fondul Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fondul 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.