Australian Wealth (Australia) Price on May 15, 2024
| WAG Etf | 0.30 0.01 3.23% |
If you're considering investing in Australian Etf, it is important to understand the factors that can impact its price. As of today, the current price of Australian Wealth stands at 0.30, as last reported on the 11th of December 2024, with the highest price reaching 0.30 and the lowest price hitting 0.30 during the day. Currently, The Australian Wealth is out of control. Australian Wealth secures Sharpe Ratio (or Efficiency) of 0.0529, which signifies that the etf had a 0.0529% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for The Australian Wealth, which you can use to evaluate the volatility of the entity. Please confirm Australian Wealth's Mean Deviation of 1.16, risk adjusted performance of 0.0307, and Semi Deviation of 1.96 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Australian Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Australian |
Sharpe Ratio = 0.0529
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| Cash | Small Risk | WAG | High Risk | Huge Risk |
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Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Australian Wealth is performing at about 4% 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 Australian Wealth by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Australian Wealth Valuation on May 15, 2024
It is possible to determine the worth of Australian Wealth on a given historical date. On May 15, 2024 Australian was worth 0.34 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Australian Wealth etf. Still, in general, we apply an absolute valuation method to find Australian Wealth'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 Australian Wealth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Australian Wealth's related companies.
| Open | High | Low | Close | Volume | |
| 0.34 | 0.34 | 0.34 | 0.34 | 1.00 | |
05/15/2024 | 0.34 | 0.34 | 0.34 | 0.34 | 1.00 |
| 0.35 | 0.35 | 0.35 | 0.35 | 3,000 |
| Backtest Australian Wealth | | | Australian Wealth History | Previous | Next |
Australian Wealth Trading Date Momentum on May 15, 2024
| On May 16 2024 The Australian Wealth was traded for 0.35 at the closing time. The maximum traded price for the trading interval was 0.35 and the lowest daily price was 0.35 . The daily volume was recorded at 3 K. The volume of trading on 16th of May 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 2.94% . The trading price change to the closing price today is 0.00% . |
About Australian Wealth Etf history
Australian Wealth 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 Australian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Australian Wealth 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 Australian Wealth stock prices may prove useful in developing a viable investing in Australian Wealth
Australian Wealth Etf Technical Analysis
Australian Wealth 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
Australian Wealth Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
The Australian Wealth cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Australian Wealth December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Australian Wealth etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Australian Wealth shares will generate the highest return on investment. By undertsting and applying Australian Wealth etf market strength indicators, traders can identify The Australian Wealth entry and exit signals to maximize returns
Australian Wealth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Australian Wealth's price direction in advance. Along with the technical and fundamental analysis of Australian Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Australian 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 | 0.0307 | |||
| Jensen Alpha | 0.0897 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.82) |
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Other Information on Investing in Australian Etf
Australian Wealth financial ratios help investors to determine whether Australian 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 Australian with respect to the benefits of owning Australian Wealth security.