Procure Space Etf Price on September 9, 2024
| UFO Etf | USD 23.00 0.18 0.79% |
Below is the normalized historical share price chart for Procure Space ETF extending back to April 11, 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 Procure Space stands at 23.00, as last reported on the 25th of December, with the highest price reaching 23.09 and the lowest price hitting 22.62 during the day.
If you're considering investing in Procure Etf, it is important to understand the factors that can impact its price. Procure Space appears to be very steady, given 3 months investment horizon. Procure Space ETF maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Procure Space ETF, which you can use to evaluate the volatility of the etf. Please evaluate Procure Space's Risk Adjusted Performance of 0.1531, semi deviation of 1.13, and Coefficient Of Variation of 540.59 to confirm if our risk estimates are consistent with your expectations.
Procure Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 30.22 | 200 Day MA 18.1329 | 1 y Volatility 36.4 | 50 Day MA 21.4385 | Inception Date 2019-04-10 |
Procure |
Sharpe Ratio = 0.1868
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Procure Space is performing at about 14% 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 Procure Space by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 6.1 K |
Procure Space Valuation on September 9, 2024
It is possible to determine the worth of Procure Space on a given historical date. On September 9, 2024 Procure was worth 18.04 at the beginning of the trading date compared to the closed value of 17.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Procure Space etf. Still, in general, we apply an absolute valuation method to find Procure Space'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 Procure Space where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Procure Space's related companies.
| Open | High | Low | Close | Volume | |
| 18.48 | 18.65 | 17.75 | 17.86 | 9,300 | |
09/09/2024 | 18.04 | 18.27 | 17.88 | 17.97 | 3,200 |
| 18.02 | 18.06 | 17.55 | 18.06 | 6,400 |
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Procure Space Trading Date Momentum on September 9, 2024
| On September 10 2024 Procure Space ETF was traded for 18.06 at the closing time. Highest Procure Space's price during the trading hours was 18.06 and the lowest price during the day was 17.55 . The net volume was 6.4 K. The overall trading history on the 10th of September contributed to the next trading period price boost. The trading price change to the next next day price was 0.50% . The trading delta at closing time to current price is 4.73% . |
Procure Space ETF Fundamentals Correlations and Trends
By evaluating Procure Space'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 Procure Space's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Procure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Procure Space Etf history
Procure Space 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 Procure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Procure Space ETF 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 Procure Space stock prices may prove useful in developing a viable investing in Procure Space
The fund invests, under normal circumstances, at least 80 percent of its net assets in companies of the underlying index that receive at least 50 percent of their revenues or profits from space-related businesses. Procure Space is traded on NYSEARCA Exchange in the United States.
Procure Space Etf Technical Analysis
Procure Space 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
Procure Space Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Procure Space ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Procure Space December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Procure Space etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Procure Space shares will generate the highest return on investment. By undertsting and applying Procure Space etf market strength indicators, traders can identify Procure Space ETF entry and exit signals to maximize returns
Procure Space Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Procure Space's price direction in advance. Along with the technical and fundamental analysis of Procure Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Procure 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 | 0.1531 | |||
| Jensen Alpha | 0.2979 | |||
| Total Risk Alpha | 0.2273 | |||
| Sortino Ratio | 0.1841 | |||
| Treynor Ratio | 4.81 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Procure Space ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Procure Space ETF is measured differently than its book value, which is the value of Procure that is recorded on the company's balance sheet. Investors also form their own opinion of Procure Space's value that differs from its market value or its book value, called intrinsic value, which is Procure Space'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 Procure Space's market value can be influenced by many factors that don't directly affect Procure Space'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 Procure Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Procure Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procure Space'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.